Tuesday, 30 September 2014
Last updated 5 hours ago
Nov 1 2010 | 12:25pm ET
The Man Group has opened its flagship strategy to retail investors in Singapore.
The London-based firm is marketing its UCITS III-compliant Man AHL Trend fund in the city-state. Investors with at least S$20,000 to spare can invest in the strategy that makes up more than half of Man's assets.
"We don't expect a huge tsunami of money coming into the fund initially," Timothy Peach, head of sales for Southeast Asia, told Bloomberg News. "It is quite different from your typical mutual fund."
For one, you'll pay a lot more for it: Man AHL Trend will charge Singaporean retail investors a whopping 3% management fee and a 20% performance fee.
Peach told Bloomberg that Man is looking into extending the fund to other parts of Southeast Asia. But it took some three years to win approval in Singapore alone.
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...