Tuesday, 21 October 2014
Last updated 33 min ago
Oct 22 2010 | 1:21pm ET
GCI Asset Management, which earlier this year set up a commodities hedge fund with Orix Investment Corp., said it planned to seed at least two more hedge funds helmed by promising Japanese talent next year.
"I do not have a specific target, but would like to launch at least a couple of new funds in 2011," senior fund manager Shinichiro Nagai told Reuters. By the end of next year, he said, GCI hoped to have US$200 million invested in its Japan Alpha series.
That range of funds, which debuted with the launch of the US$40 million Orix Commodities Fund, aims to invest in funds run by promising Japanese hedge fund managers.
GCI currently has about US$400 million in assets under management.
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 ...