Tuesday, 23 September 2014
Last updated 14 hours ago
Jun 24 2013 | 10:28am ET
Switzerland's SteppenWolf Capital has launched a UCITS-compliant hedge fund.
The German-domiciled 5D SteppenWolf Macro Alpha UI fund debuted on May 13, Opalesque reports. The fund employs a discretionary top-down risk-allocation system, investing widely among asset classes and geographies.
"Applying 'Austrian' economic analysis to this macro landscape suggests the eventual reversal of the debt-fuelled asset bubble of the last 30 years, and the onset of inflationary depression or, de minimis, a stagflationary or 'Japanified' state," SteppenWolf said. "This has important implications for nominal vs. real debt and equity prices, inflationary erosion of capital and the rule of bullion as a (re-)ascendant value numerarie."
5D charges 2% for management and 20% for performance, with daily liquidity.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.