Thursday, 18 December 2014
Last updated 3 hours ago
Nov 6 2012 | 12:46pm ET
Stratton Street Capital has launched a UCITS-compliant hedge fund to invest in Chinese renminbi-denominated bonds, with hopes of raising US$1 billion.
The new fund, still subject to regulatory approval, aims to profit from an expected appreciation of the Chinese currency. Stratton Street has run a renminbi bond fund for six years, returning 28% over the past two years.
"It's very popular to say the renminbi is fully-valued," head of sales Andrew Clark told Wealth Manager. "But China is a creditor and creditor currencies are going up."
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.