Friday, 26 December 2014
Last updated 2 days 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.