Thursday, 30 October 2014
Last updated 10 hours ago
Nov 13 2012 | 1:04pm ET
Argo Group has launched a new hedge fund focused on bonds and currencies in emerging markets.
The new long/short fund, which debuted with US$7 million, invests from a universe of more than 40 countries, although the portfolio will have only between 20 and 30 names at a time. The Argo Local Markets Fund employs some leverage—but not enough to keep it from offering weekly liquidity.
"The case for investing in emerging markets is compelling," CEO Kyriaskos Rialas told Investment Week. "Bond yields in these countries are significantly higher than those in the developed world, while their debt burdens are lower and growth prospects better."
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…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.