Monday, 25 May 2015
Last updated 2 days ago
Sep 18 2012 | 1:21pm ET
California-based Orinda Asset Management has once again teamed with hedge fund advisory firm SkyView Investment to launch a multi-manager macro opportunities mutual fund.
The firms already run a long/short equity multi-manager mutual fund—the Orinda SkyView Macro Opportunities Fund—launched in 2011.
Orinda says its highly opportunistic strategy will seek to exploit macro economic changes through equity, bond, currency and futures markets.
“In order to effectively diversify client portfolios, advisors are seeking access to strategies that have the ability to generate competitive returns across market cycles, with the potential for low correlation to traditional equity and fixed income indices,” said Lawrence Epstein, chief investment officer for Orinda Asset Management, in a statement.
“In addition, they understand the value of accessing skilled managers who employ strategies that focus on downside risk as well as generating positive absolute returns across market cycles, rather than solely seeking to outperform an index or peer group. Our new fund provides investors access to a sophisticated alternative investment strategy with the benefits of a mutual fund structure.”
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…