Wednesday, 26 November 2014
Last updated 7 hours ago
Jul 2 2010 | 11:47am ET
A year after slashing its presence in Asia, RAB Capital is re-upping in the region, hiring a top Citigroup executive to head its Hong Kong office and raising hundreds of millions of dollars for a new Asia-focused hedge fund.
David Seex, a longtime Citi alternative investments executive and head of its Asia alternatives business, will lead the US$1.4 billion London-based firm’s fundraising effort, as well as the development of its new “deep-value fund,” the Financial Times reports. That fund, headed by a team hired last year by RAB, is on track to raise US$200 million by the end of the year.
And that’s just the beginning. RAB, which sold its Northwest Investment Management business last April, is planning a series of Asia-focused hedge funds for launch this year.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...