Monday, 20 October 2014
Last updated 2 days ago
Jul 19 2013 | 8:49am ET
Ignis Asset Management is poised to launch four fixed-income hedge funds and has plans to launch long/short equity funds as well.
The firm will launch a high octane hedge fund version of its Absolute Return Government Bond fund, targeting returns between 8% and 12%, reports The New Advisor.
Ignis Chief Investment Officer Chris Fellingham said Q3 2013 will see the launch of an absolute return emerging market debt fund run by Dan Beharall, followed by an absolute return tactical asset allocation fund run by Fellingham himself. The latter fund will invest in a mix of equities and bonds, based on Fellingham’s macro outlook—a strategy similar to the one he once ran for Soros.
The firm also has plans to launch a 'best of' fund, made up of units of all the funds and is now running virtual portfolios of UK and European equities with the eventual intention of launching long/short equity funds.
Currently, Ignis has two absolute return funds—the £61.8 million Ignis Absolute Return Credit fund and the £992.2 million Ignis Absolute Return Government Bond fund.
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 ...