Orinda Launches Macro Opportunities Mutual Fund

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.”


In Depth

MiFID2 For U.S. Firms: Key Questions Answered

Feb 27 2017 | 4:54pm ET

The January 2018 deadline for implementation of the EU’s mammoth MiFID2 regulations...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of