Thursday, 18 September 2014
Last updated 30 min ago
Jun 4 2010 | 8:32am ET
Alternative investment firm Harcourt Investment Consulting on June 1 launched a new UCITS fund of hedge funds—the Vonda UCITS Fund.
The new vehicle will invest in 10-15 managers—with a focus on those running managed futures or global macro strategies. It has a target return of Libor + 4% p.a. over a business cycle and a target volatility between 6% and 8% p.a.
Vonda UCITS was seeded with $60 million and has already received additional commitments of $50 million.
Switzerland-based Harcourt has approximately $4.5 billion in assets under management.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.