Thursday, 18 December 2014
Last updated 26 min ago
Feb 17 2011 | 7:43am ET
Multi-billion hedge fund manager Ionic Capital Management has launched a convertible arbitrage fund with $100 million under management.
HFMWeek, citing an investor document, says the Ionic Convertible Master Fund focuses on high-delta convertible bonds trading at discounts to listed equity volatility. The new fund is diversified across 20-40 positions, trading convertible debt, equity options and other securities and instruments that are convertible, exchangeable or equity-linked.
Fund portfolio managers Bart Baum, Adam Radosti and Daniel Stone are alumni of JP Morgan-owned Highbridge Capital where they worked together for almost 10 years until 2006.
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.