Wellington Launches Hedge Fund

Jun 20 2011 | 1:57am ET

Asset management giant Wellington Management has a new offering: a hedge fund.

The Boston-based firm, which has more than $600 billion in assets under management, has raised $26.5 million for the new fund, HedgeFund.net reports. As of the beginning of the month, 31 investors had signed up, Wellington said in a regulatory filing.

The Wellington hedge fund features a $1 million minimum investment requirement.


In Depth

Q&A: MackeyRMS's Chris Mackey On A High Tech Fix To Broker Votes

Jun 23 2017 | 8:17pm ET

The looming implementation of the EU’s MiFID II rules regarding research has put...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of