Monday, 30 November 2015
Last updated 2 days ago
Aug 23 2011 | 11:55am ET
London-based Prestige Asset Management has launched its first Malta-domiciled hedge fund and has opened an office on the Mediterranean island.
Prestige's multi-manager Equity Options fund debuted on June 1, HedgeCo.net reports. The fund includes three managers, all of whom "use a combination of both long and short volatility trading strategies and much of the trading is short and medium term in nature."
The fund is among the lowest-risk vehicles offered by the firm, it said.
"It operates a portfolio mandate that does not need the market to trend, and can benefit enormously from lack of direction but continuously attempting to manage and diversify risk which hopefully allows us to sleep at night," Prestige said.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…