Thursday, 28 August 2014
Last updated 4 hours ago
Jul 5 2007 | 9:38am ET
ABN Amro has launched a series of products based on a sustainable-investment fund of hedge funds.
The structured products are based on what ABN calls the first long/short fund of funds meeting sustainable investing criteria.
Launched on Monday, the fund of funds—run by Braxton Glasgow at Rye Brook, N.Y.-based Kenmar Group—invests in some 35 managers. Launched with $26 million from its first investor, the Global Eco Fund hopes to reach $100 million by the end of the year and as much as $400 million by the end of 2008, Asian Investor reports.
The managers hired by the fund of funds—17 based in the U.S., 13 in Europe and 5 in Asia—focus on social and environmental issues, with half of the portfolio invested in socially-responsible equities and sustainable environment assets, with the rest in a variety of asset classes, including financials, commodities, water, biotech, energy and weather. The fund is targeting a 10% to 12% annual return.
Investors will be able to invest in the Global Eco Fund through a variety of structured products devised by the Dutch bank, including leveraged products, principal-protected vehicles and Basel II-compliant offerings.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...