Sunday, 29 November 2015
Last updated 1 day ago
Oct 20 2010 | 3:01am ET
Barclays Capital has launched a UCITS III-compliant hedge fund replication product designed to track an industry index while offering daily liquidity.
The new Barclays Hedge Fund Replicator Fund is based on the Barclays Capital LBAR Alternative Index. The index is designed to capture the non-linear profile of hedge fund returns using highly-liquid asset classes, among them stocks, bonds, commodities and currencies.
"The index objective is to earn returns that are similar to those of the aggregate hedge funds universe with better liquidity, higher transparency, scalability and lower fee structure," Arik Ben Dor, director of quantitative portfolio stategies, said.
The Luxembourg-domiciled fund has a minimum invest requirement of US$1,000 and is available in five currency-based share classes: U.S. dollars, euros, pounds Sterling, Swiss francs and yen.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…