Sep 27 2011 | 1:38pm ET
"Black swan" hedge fund shop Universa Investments plans to launch a macro fund to profit from what it sees as mispriced options.
The Santa Monica, Calif.-based firm hopes to raise $1 billion for the new fund. Like Universa's other hedge funds, the Convex Macro Fund will be a convexity fund, seeking out trades with the potential for huge profits with minimal risk.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…