Sunday, 28 December 2014
Last updated 7 hours ago
Jul 12 2012 | 10:04am ET
Hatteras Funds has launched a flat-fee variable annuity giving investors access to hedge fund strategies.
The North Carolina firm's Hatteras Alpha Hedged Strategies Variable Fund is a multi-manager, multi-strategy offering similar to its 10-year-old mutual fund of hedge funds, Hatteras Alpha Hedge Strategies. But the new vehicle is available on Jefferson National's variable annuity platform, the only such alternatives fund currently available there.
"We believe alternative investment strategies provide higher levels of diversification and risk mitigation than traditional strategies, especially during volatile market environments, but some investors and advisors find the taxes to be an obstacle," Robert Worthington, Hatteras president, said. "Hatteras and Jefferson National have removed this obstacle by offering a daily liquid, multi-strategy, multi-manager alternative fund within a tax-deferred variable annuity."
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.