Thursday, 2 July 2015
Last updated 58 min ago
Jan 23 2013 | 12:18pm ET
Herakles Capital Management has launched a new trend-following equity hedge fund.
The Herakles Trend Fund I debuted on Jan. 4, the firm said. The fund's proprietary model will focus initially on three indices—the Standard & Poor's 100, German DAX and German MDAX—putting its money in large- and mid-cap stocks that offer liquidity.
The model returned 20.74% in simulated trading last year.
“The principal objective of Herakles Trend Fund I is to invest and generate attractive, risk adjusted returns for its investors by using our ‘Proprietary Computer Model,' which monitors and analyzes a mix of performance indicators that have been useful in identifying momentum trends,” Herakles said. “Our PCM targets emerging ‘leaders’ among individual stocks within a specific industry sector; emerging ‘leaders’ among sectors within a broader diversified index as well as targeting the relative momentum trends in indexes among different markets. (e.g. Germany vs. United States).”
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…