Wednesday, 27 August 2014
Last updated 1 hour ago
Jun 7 2010 | 2:00pm ET
Swiss bank Valartis is shutting its energy hedge fund, its administrator said.
Custom House Fund Services told Bloomberg News that the Valartis European Energy Fund’s April net asset valuation calculation “is to be the final valuation.” But the Chicago administrator added that “it is taking longer than the norm to finalize” and that no liquidation date has yet been chosen.
The Valartis fund debuted in October 2006 as part of OZ Holding, which became Valartis. The fund lost 1.4% last year and was down 0.1% in the first quarter of this year. It invests primarily in the German and Nordic electricity markets.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...