Wednesday, 17 December 2014
Last updated 4 hours ago
Mar 27 2007 | 1:49am ET
Armajaro Asset Management has soft closed its Armajaro Commodities Fund at some $600 million. The firm decided to close the fund in order to “protect performance whilst maintaining trading opportunities in the current market climate.”
The fund was launched in April 2004 and since then has returned over 45% since inception, according to Neill Brennan, Armajaro’s chief executive.
“We are happy to have a diversified and balanced investor base in the fund and are grateful to the investors for their support throughout the past three years since the fund launched in April 2004,” said Brennan.
Armajaro also manages the Coolum Fund, a pan-European equity market neutral fund, with assets of some $260 million.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.