Friday, 29 August 2014
Last updated 11 hours ago
Oct 2 2012 | 9:47am ET
North Carolina's Hatteras Funds has launched a managed futures mutual fund.
The Hatteras Managed Futures Strategies Fund has been spun out of the firm's multi-strategy, multi-manager Alpha Hedge Strategies Fund as a standalone vehicle. Currently, the managed futures strategy features four managers—Dominion Capital Management, 2100 Xenon Group, Northfield Trading and Revolution Capital Management—overseeing $56 million.
Hatteras says the managers are uniquely positioned within the managed futures space because they rely more on short- to intermediate-term trends.
“The Hatteras Managed Futures Strategies Fund is another Hatteras alternative investment vehicle designed to help advisors and investors allocate more to alternatives without sacrificing liquidity,” said Bob Worthington, president of Hatteras Funds, in a statement. “This fund draws upon our ability to create a diversified portfolio of managed futures managers to potentially dampen volatility while also offering the potential portfolio benefits of non-correlation associated with this asset class.”
Hatteras manages about $700 million in its alternative mutual funds.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...