Newly-Formed Hagin Offers 130/30 Strategy

Apr 9 2007 | 11:37am ET

Hagin Investment Management is making its debut in the hedge fund space with a 130/30 quantitative strategy on May 2. The fund, Hagin Capital, will launch with less than $10 million, all partner capital.

“We think our competitive advantage comes from our quantitative research, which is based on 20 years of background research by the principals,” said Kathleen DeRose, a partner at the new firm. “Our proprietary research is unlike everyone else’s because of its unique portfolio construction method, which integrates alpha and risks, long/short exposures and positions and weightings all in one simultaneous optimization. So we think we have a competitive edge there versus other 130/30 portfolios, and we think a lot of institutional core equity assets are going to migrate to our 130/30 structure.”

The fund, which is benchmarked against the Russell 1000 Index, charges management fees starting at 55 basis points depending on the investor type. Its minimum investment requirement for institutional investors is $10 million and $1 million for individuals.

DeRose, a former portfolio manager with Bessemer Trust and Scudder, is joined by partners Robert Hagin, a Morgan Stanley and Kidder Peabody alumni, and Patrick Morris, a former institutional salesman for Deutsche Bank and several other firms. The partners are supported by a team of analysts, programmers and sales personnel.


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note