Financials Hedge Fund A Maybe At Knight Vinke

Jun 27 2011 | 3:10am ET

Knight Vinke Asset Management is mulling a hedge fund based on its research on financials.

The Monaco-based activist shop may launch a long/short global financials fund, a vehicle that would be its first foray into shorting equities, Financial News reports. Knight Vinke has been researching financial stocks since 2007, when it began its campaign against HSBC Holding.

HSBC remains Knight Vinke’s only public financial holding, although a source told FN that it has several smaller holdings that do not require public disclosure.

Knight Vinke said that “no decision has been taken to launch a fund.”

“The analysis of the banking industry, which Knight Vinke has developed over the past few years, has been much appreciated by many of the world’s largest institutional investors and regulators, and we have chosen to continue to maintain that database as a benefit to our clients,” a spokesman for the firm said.

According to FN, Knight Vinke deputy CEO Glen Suarez would manage the fund. The firm is reportedly sounding out potential investors.


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.