Friday, 27 November 2015
Last updated 1 day 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…