Monday, 20 October 2014
Last updated 4 hours ago
Sep 15 2010 | 2:46am ET
Swiss hedge fund firm GAM Holding has launched a UCITS III-compliant emerging markets fund, building up its regulator-friendly hedge fund product line.
The GAM Star Absolute Global Emerging Markets fund is managed by Sean Taylor, the firm’s investment director. The long/short fund will employ a top-down investment strategy, using regional analysis and fundamental research, Investment Week reports. It will invest in the BRIC countries—Brazil, Russia, India and China—as well as other emerging economies, including Egypt, Indonesia, Turkey and Persian Gulf countries.
“We have seen significant structural improvements as economic reforms and disciplined capital allocation have created improved returns and profitability,” Taylor told IW. “Economically, emerging nations are in the driving seat, benefitting from large flows into emerging market debt, which we believe will transfer across to equity markets as risk decreases.”
The new fund is GAM’s ninth UCITS-compliant offering.
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…
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 ...