Thursday, 20 November 2014
Last updated 8 hours ago
Jan 11 2012 | 4:00pm ET
North Carolina hedge fund QMS Capital Management has rolled out a new global macro hedge fund.
The firm, founded by Duke University finance professor Michael Brandt and former Smith Breeden bond trader Peter Nolan, has raised $5 million for the new offering, according to a Securities and Exchange Commission filing. No fundraising goal for the Diversified Global Macro U.S. Fund was specified; QMS targeted $200 million for its first fund in 2010.
There is a $2 million minimum investment requirement for the new fund.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...