Monday, 30 November 2015
Last updated 2 days ago
Apr 27 2012 | 4:32am ET
SWM Swiss Wealth Management has rolled out a fund of UCITS IV-compliant hedge funds.
The US$300 million Lugano-based firm launched the CB-Accent Lux Alternative Alpha Evolution fund at the beginning of the month, HFMWeek reports. The fund will have between 25 and 35 underlying funds, run by managers including Amundi Alternative Investments and Dalton Strategic Partnership, and featuring a diversified group of strategies.
CB-Accent currently manages US$20 million and has a US$100 million capacity for its first year.
"Investors need UCITS safety and a hedge fund manager's skills," SWM's Gabriele Gentile told HFM.
CB-Accent will charge 1.5% for management and 15% for performance.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…