Friday, 25 July 2014
Last updated 2 hours ago
Apr 14 2011 | 1:33am ET
Bandon Capital Management has launched a new fixed-income hedge fund designed to cut down on risk.
The Portland, Ore.-based firm isn’t running the new Isolated Alpha Fixed Income Fund itself, instead appointing a pair of subadvisors. Logan Circle Partners, now owned by Fortress Investment Group, will provide its research-driven credit strategy, with Dix Hills Partners employing a fundamental, systemic active duration strategy, HedgeCo.net reports.
The Isolated fund will be anything but, in its way: It will invest globally.
“When we listen to investors, we hear two primary themes: concern about the risks associated with long-only strategies especially on the heels of 2008 and fear regarding the impact of rising rates on fixed-income portfolios,” managing principal Bill Woodruff said. “We believe this fund represents a solution for both those concerns by having the tactical flexibility to nimbly navigate volatile markets and the philosophical disposition to have no long or short bias.”
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…