Wednesday, 22 October 2014
Last updated 15 hours ago
Sep 4 2012 | 9:28am ET
Schroders will launch a UCITS-compliant global macro fixed-income fund next month.
The firm announced that the GAIA Global Macro Fund, which will be managed by its multi-sector team, would join its GAIA platform. The new vehicle will be the fourth on that platform, replacing Schroders' emerging markets joint-venture with Sloane Robinson, which it liquidated last month.
"The next decade is unlikely to look remotely like the last," Bob Jolly, who leads Schroders' multi-sector team, said. "While some progress has been made to address the structural imbalances, the years to come will be characterized by shorter and sharper economic cycles."
Jolly's team will seek to earn 8% over the London Interbank Offered Rate on opportunities offered by those cycles. The fund will invest in currencies, sovereign bonds and other credit strategies.
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 ...