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

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.