Friday, 28 November 2014
Last updated 1 day ago
Jan 30 2013 | 2:42pm ET
The Man Group's FRM Capital Advisors hedge fund seeding business will invest in six-month old hedge fund helmed by a Highbridge Capital Management and Citadel Investment Group veteran.
FRM will make a "significant investment" in Hong Kong-based Arena Capital Management. The fund is headed by Toby Bartlett and focuses on Japan and other northern Asia stocks.
FRM did not specify how much it would invest in Bartlett's fund.
"We see this both as an opportunity to be able to generate alpha in what is traditionally a less-researched market by hedge funds where greater inefficiencies will allow managers that do in depth analysis to create an edge," FRM's seeding chief, Patric de Gentile Williams, said.
Bartlett founded Arena last year. He was formerly an Asian stock manager at Highbridge and, prior to that, served as a Japan-focused stock manager at Citadel.
The Arena seed is FRM's first investment since Man acquired it in May.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...