Tuesday, 21 October 2014
Last updated 16 min ago
Jul 6 2011 | 12:33pm ET
Skandia Investment Group may launch an emerging markets version of its popular Best Ideas Fund.
The firm's European Best Ideas fund of funds, which includes both hedge fund and long-only managers, has enjoyed a 30% return over the past 12 months. Participating managers receive about €50 million each to invest in their top 10 stock picks; the fund currently manages more than €500 million, which is allocated to the likes of Odey Asset Management's Crispin Odey and Acadian Asset Management's John Chisholm.
Now, however, investors are looking for the same from emerging markets hedge funds, European Best Ideas manager Lee Freeman-Shor told Bloomberg News.
"There's a lot of interest for some sort of Asia-Latin America-Emerging Markets 'best ideas' product and we are doing research into whether that is possible," Freeman-Shor said. "We have to see if there are enough good managers to make it work and if we would raise a lot of money into it to make it viable."
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...