Friday, 29 August 2014
Last updated 7 hours ago
Jun 11 2010 | 11:57am ET
London-based Alternative Advisors is adding another vehicle to the UCITS III explosion with a fund of hedge funds launch next week.
The firm’s Castillon Diversified Fund will debut on Wednesday, the firm said, with €60 million in initial assets. The euro-denominated fund will be managed by William Kitchin, head of investment research at Alternative Advisors. Before joining that firm, Kitchin did stints in hedge fund manager selection and strategy research at Morgan Stanley, Russell Investments and Tremont Capital Management.
To maintain its UCITS compliance, Castillon will invest only in UCITS-compliant absolute return funds and regulated financial instruments.
The fund, which offers weekly liquidity, will charge its retail investors a 1.25% management fee, while institutional investors will pay 1%. All investors will pay a 10% performance fee above the three-month LIBOR rate.
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 ...