Sunday, 23 November 2014
Last updated 2 days ago
Jun 21 2013 | 11:26am ET
India's Karvy Group has launched its first hedge fund, seeking almost US$17 million for the effort.
Karvy Capital's Systemic Edge Fund follows new hedge fund regulations promulgated in India last year; as of April, the Securities and Exchange Board had given the green light to 47 alternative investment funds, including Karvy's.
Systemic Edge is a multi-strategy absolute return fund, investing in equity and index futures and options. Karvy is seeking 1 billion rupees (US$16.7 million) for the fund.
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...