Hume To Launch Delayed Fund This Month

Mar 15 2011 | 2:48am ET

British asset manager Hume Capital's Global Opportunities hedge fund is set to launch at the end of the month after getting mired in red tape.

The firm had planned to launch the fund in December. But those plans were thwarted when the fund's registration with the U.K. Financial Services Authority took longer than Hume had anticipated.

The new fund, managed by former Northern Trust fund managers Stephen Dowds and Stephen Watson, will invest in between 40 to 60 primarily mid- and large-cap names. It has no geographic or sector weightings, and targets lower volatility with risk management standards designed to limit downside risk, the Financial Times reports.

The Global fund's debut follows the recent launch of Hume's Asian Equity Hedge Fund.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note