Wednesday, 22 October 2014
Last updated 5 hours ago
Aug 9 2007 | 11:36am ET
SGAM Alternative Investments is launching the first UCITS III compliant mutual fund under French law that targets a risk/return profile corresponding to the global hedge fund universe.
The firm’s new Total Return Exposure (T-Rex) strategy aims to replicate the performance of the Hedge Funds Research Index, with a dynamically managed portfolio using liquid financial instruments, such as futures, on the major asset classes (equities, bonds, and currencies).
The allocation process of the fund is based on a quantitative model, which automatically calculates the allocation offering a high correlation to the performance of over 2000 hedge funds tracked in the HFR database, without subjective input from a fund manager. Its positions are re-weighted every month.
The T-Rex strategy charges no minimum subscriptions and offers daily liquidity and transparency, as the fund’s portfolio allocation will be published continuously on the firm’s Web sites.
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…
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