Monday, 20 October 2014
Last updated 2 days ago
Sep 7 2007 | 10:08am ET
Zug, Switzerland-based fund of funds shop Salus Alpha Management is launching the Salus Alpha Equity Hedged Fund, which will invest in an index comprising up to 30 long/short equity managers. The subscription period for the new offering ends today.
The Salus Alpha Equity Hedged fund invests in the Long/Short Equity Index, a global investible benchmark, with funds selected from the Alternative-Index, which is also part of the Salus Alpha group and produces six hedge fund indices calculated by the Vienna Stock Exchange.
According to Salus Alpha, the Long/Short Equity Index has produced an annual return averaging around 16% since 1997, with a volatility of about 3%. The new fund will target returns of between 10% to 12% per annum and is available in dividend-paying and non-dividend-paying share classes.
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 ...