Thursday, 18 December 2014
Last updated 26 min ago
Aug 26 2011 | 9:37am ET
Fund of hedge funds Federal Street Partners is splitting its onshore fund's assets into two strategy-specific vehicles.
The Connecticut firm has begun moving $100 million from its Multi-Strategy Fund to its global long/short and Asia-focused emerging markets funds, Federal Street Associates I and Federal Street Associates, HFMWeek reports.
"We wanted a greater emphasis on emerging markets and we want to become more tax efficient," CEO Ed Barksdale said.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.