Monday, 20 October 2014
Last updated 2 hours ago
Mar 30 2012 | 12:45pm ET
Tradex Global Advisors plans to bring its two-year-old liquid fund of hedge funds onshore.
The Connecticut firm will unveil the Tradex Global Liquid 50 onshore fund within the next two months, HFMWeek reports. Like the offshore fund it will mirror, the Tradex Global SPC Limited-The Liquid 50 Segregated Portfolio, the new fund will invest in liquid strategies, whose managers aggregate their securities monthly to verify said liquidity. The new fund, which has a $300 million capacity, will invest in about 30 underlying managers.
Tradex launched the offshore Liquid 50 fund in late 2009. The fund returned 0.3% last year.
The new fund will have a $100,000 minimum investment requirement with monthly liquidity. It will charge 1.5% for management and 15% for performance.
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 ...