Friday, 19 September 2014
Last updated 2 hours ago
Sep 4 2012 | 8:24am ET
The Skyline UCITS Fund, an emerging markets long/short strategy on ML Capital’s MontLake UCITS platform, returned 20.5% in its debut year of operations.
The fund, which saw “significant inflows” in the last quarter, now has assets under management of $56 million, according to UK-based Skyline Capital Management.
Skyline CEO Vernon West attributed the fund’s success to stock picking:
“The returns generated reflect a high hit rate rather than reliance on a handful of outsized winners. Building proprietary models on our companies helps create a margin of safety thus contributing to our strong success rate in idea generation,” he said in a statement.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.