Thursday, 23 October 2014
Last updated 1 hour ago
Mar 14 2007 | 2:22pm ET
Absolute Return Partners has listed its Millennium Wave Fund, a multi-strategy fund of funds, on the Irish Stock Exchange.
The Millenium fund was launched in March 2006 and through January 31 has ranked in the top 10 among some 488 diversified funds of hedge funds, as measured by Hedge Fund Research, according to the firm.
The fund specializes in identifying emerging managers investing in niche sectors, such as catastrophe bonds, weather derivatives, financing of life insurance polices and private investments in public equity. The concentrated vehicle invests in a maximum of 14 underlying managers across seven to10 strategies through a bottom-up fund selection process.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...