Tuesday, 21 October 2014
Last updated 10 hours ago
Apr 20 2012 | 2:24am ET
The Man Group's year-old Systematic Strategies unit is readying a quantitative sovereign debt hedge fund.
The Man Systematic Fixed Income Fund will be Systematic Strategies' fourth—a quantitative commodities fund was launched last month. The unit is still working on the strategy and Man declined to project a launch date, Reuters reports.
The new fund will seek out dislocations in government bond markets, hoping to attract investors who agree with MSS's bleak outlook for the asset class.
"Traditional fixed-income investing [is] unattractive," MSS wrote in a note. Among the problems are "yields close to zero percent, increased credit risk in many government bonds," and "little upside [and] big downside of being long bonds in [the] current environment."
But, MSS says, "market inefficiencies [are] likely to prevail in fixed-income markets, creating investment opportunities."
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 ...