Tuesday, 30 September 2014
Last updated 47 min ago
Aug 24 2010 | 11:23am ET
A three-year track record under its belt, Merrion Investment Managers aims to take its High Alpha Fund international.
Merrion plans to market the fund—which currently manages about €50 million for British and Irish institutional investors and high-net worth investors—to international institutions for the first time, although its focus will remain on local and European investors. The fund has returned 103% since its launch three years ago.
“The Merrion High Alpha Fund is designed with the capacity to generate high returns, while aiming to preserve capital,” Joe O’Dwyer, managing director, said. “It has delivered strong returns, during a period of considerable uncertainty within financial markets. It offers investors the absolute return profile of a hedge fund with the transparency and risk controls of a regulated qualifying investor fund” registered in Ireland.
The fund charges a 1.5% management fee and a 20% performance fee on returns over 7% per year. The minimum investment requirement is €250,000.
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...