Wednesday, 1 October 2014
Last updated 4 hours ago
Jul 28 2010 | 1:54pm ET
Retail hedge fund firm Superfund has launched a new managed futures fund targeting Japanese investors with hopes of raising US$100 million.
The new Superfund Blue Japan fund became available to Japanese retail investors today, Bloomberg News reports. The Cayman Islands-based firm called the vehicle the first publicly-offered equity-market neutral fund in Japan.
“Japanese investors had to look for other opportunities much earlier than other global countries,” Johann Peter Santer, president of Superfund Securities Japan, told Bloomberg. “Japan has a high passion and sophistication for systematic trading.”
The new fund—Superfund’s third in Japan—will invest in liquid global equities using a quantitative model. It will also make short bets on futures indices. The fund has enjoyed theoretical annualized returns of 11.52% over the past three years, and will be available in both yen- and gold-denominated share classes.
The gold share class has posted a 40% return in simulated trading this year.
Superfund hopes to roll out similar vehicles in the U.S. and Austria, although it is unclear when those funds would be launched.
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...