Sunday, 21 September 2014
Last updated 2 days ago
Mar 23 2012 | 12:54pm ET
Varus Capital Management has launched a new share class for Swiss investors.
The Zürich-based hedge fund unveiled the Swiss franc share class this month, HFMWeek reports. The new structure allows German-speaking (as well as French-, Italian-, Romansh- and other language-speaking) Swiss to invest in the US$100 million long/short German-focused equity strategy in their own currency.
Varus founder Frank Siebrecht credited demand from Swiss institutional investors and family offices for the decision to create the new share class. The fund was previously available in euro and U.S. dollar share classes.
The Varus fund is down about 2.6% this year, through the end of last month.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.