Sunday, 21 December 2014
Last updated 1 day ago
Dec 16 2011 | 4:10am ET
Asia-focused hedge fund Monsoon Capital Management is preparing an offshore version of its systematic strategy.
The new fund will be the third version of the strategy; the first was launched in the U.S. in August and a UCITS III-compliant version followed in September. The Cayman Islands-domiciled version will debut next month, HFMWeek reports.
The fund, which currently manages $35 million across its two versions, is a trend-following strategy that invests in Asian equity markets.
“We launched the UCITS fund first because many investors prefer or require UCITS, such as European institutions,” Monsoon’s Gautam Prakash told HFM. “But we realized that we need an offshore version for full access to the Asian market.”
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.