Saturday, 28 November 2015
Last updated 6 hours ago
Jul 12 2007 | 10:47am ET
Nikko Asset Management will launch a fund of funds that will invest in a blend of traditional and alternative asset classes later this month.
The Professional Stage Fund will invest in equities, bonds, hard assets (commodities, real estate, and infrastructure).
It will initially invest in 11 asset classes that have been identified through the firm’s World Series platform. Current managers included in the fund’s hard assets and alpha strategy portfolios include Macquarie Alternative Investments (infrastructure), Wells Capital Management (arbitrage strategy), Calrivest Asset Management (market neutral strategy) and GRT Capital Partners (long/short equity).
“Nikko AM’s World Series platform now offers 45 funds and total net assets has grown to ¥2,869 billion (US$23.3 million),” said Timothy McCarthy, chairman and CEO. “Through the platform, the firm has alliances with 30 sub-advisors. Drawing on this unique program, we are pleased to provide investors with access to superior investment techniques from around the globe.”
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…