Saturday, 20 December 2014
Last updated 18 hours ago
Sep 18 2007 | 11:02am ET
Adam Sarhan, founder of The Sarhan Analysis, a global macro research firm tailored for institutional investors, is prepping a long/short equity hedge fund to be launched in January. The new offering has a target of $500 million.
Sarhan said MView Capital will seek to "filter out the noise by combining fundamental and technical analysis to select optimal trading opportunities" in U.S. equity markets. He is launching the fund based on his involvement with CANSLIM.net, an online resource for the CAN SLIMR investment system created by Investor's Business Daily.
Sarhan, who is currently in the initial phases of raising capital for his new vehicle, said he is "overwhelmed" by the responses he is getting from potential investors. "We benefit greatly from the fact that we are using a proven fact-based investment system. In addition, two very strong selling points were that we bagged some very healthy gains in the first half of the year and moved completely into cash at the end of July, which protected 100% of our assets during the past two month sell off. This was accomplished by having proven rules and being able to follow them.”
MView Capital will charge a management fee of 2% and incentive fees of 20% with a minimum investment requirement of $1 million.
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.