Monday, 20 October 2014
Last updated 5 hours ago
Jun 11 2007 | 2:35pm ET
New York-based Asset Alliance Corp. has launched a managed futures fund of funds featuring managers included in the Barclay CTA Index, it announced at the Managed Funds Association Conference in Chicago.
The BTOP50 Managed Futures Fund will include 23 CTA programs; those expected to be in the fund include industry heavyweights such as Kaiser, Winton Capital Management, Armajaro and FX Concepts. The fund of funds is registered with the Securities and Exchange Commission, and features a simplified tax structure, making it available to established asset allocation models.
“This vehicle fills a gap in investors’ portfolios and we are proud to make an institutional grade product available in an affordable and flexible format for retail markets,” Asset Alliance President and CEO Bruce Lipnick said.
Thomas Broadbent, Garry Collins and Elliot Noma will lead the 21-member team running BTOP50.
Asset Alliance said this product is the first in what is expected to be a group of products set to be marketed by broker/dealers, private banks, registered investment advisers and wealth managers.
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 ...