Friday, 27 March 2015
Last updated 10 min ago
Aug 9 2007 | 11:08am ET
Hoping to take advantage of the uncertain equity markets, the Credit Suisse/Tremont Hedge Fund Index Group has launched a new bundle of three of its investable hedge fund indices.
The Market Defender Basket includes CS/Tremont’s equity market-neutral, convertible arbitrage and multi-strategy Sector Invest indices. The basket—which would have been up roughly 0.13% in June and 1.08% in May, based on historical data—is available on the firm’s Web site.
“The generally market neutral trading strategies comprising the Markets Defender Basket were selected to take advantage of a less bullish or outright bearish investment environment for equities,” said Credit Suisse Index Co. President Oliver Schupp. “Rising inflation, consumer leverage and weakness in global housing markets are among the key risks for global equities going forward. Recent events in credit markets are adding to investor caution, and help position the Markets Defender Basket as a useful metric for hedge fund investments, which aim to provide capital preservation, stable absolute returns and low volatility in a market environment of general negative sentiment.”
The Market Defender Basket is actually CS/Tremont’s second such product: It launched the Global Growth Opportunities Basket, a bundle of directionally-oriented index products now also available online, two years ago.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…