Thursday, 31 July 2014
Last updated 18 hours ago
Sep 13 2013 | 12:32pm ET
A former analyst at fund of hedge funds Fundana is set to launch a "black swan" vehicle.
Bruno Guillemin's Leprin Tail Risk Green Fund will employ commodity-trading adviser-style models in an effort to detect impending market crashes. The fund will only invest when it receives such a signal; at other times, it will remain entirely in cash, Opalesque reports.
Investors with Leprin will not only get the chance to profit from a market swoon: They'll get a warning from the firm when a signal is generated, allowing them to get out of vulnerable investments.
Guillemin's fund will also have a socially-responsible element, handing between 30% and 50% of its performance fees to a foundation that will provide start-up capital to entrepreneurs in the euro-zone.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…