Tuesday, 21 October 2014
Last updated 23 min ago
Mar 25 2013 | 8:44am ET
Qatari investment bank QInvest has launched the world's first open architecture Sharia-compliant managed account platform.
The QInvest Managed Account Platform, which allows investors to access asset classes like hedge funds and mutual funds, has launched with Eagle Capital Management, Edgewood Management and GAM. The platform's operational processes have been built in conjunction with Nomura International.
Tamim Hamad Al-Kawari, QInvest's CEO, said in a statement: "QMAP is a pioneering solution managed by professional team of experts and associated with world class groups. Fund managers, for instance, have to pass strict selection criteria covering investment processes, operational and risk controls. The first funds have been off to a strong start and are already amongst the best funds within their peer groups."
The investment bank said it will add “more funds and bespoke client investment propositions” over the coming months.
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...