Friday, 29 August 2014
Last updated 15 hours ago
Sep 24 2013 | 10:03am ET
GLG Partners has closed its emerging-markets special-situations hedge fund amidst a restructuring of its emerging markets efforts.
The decision to pull the plug comes after the vehicle lost about 60% in 2012. It also follows the exits earlier this year of managers Karim Abdel-Motaal and Bart Turtelboom, who have founded their own hedge fund, APQ Partners.
The Emerging Markets Special Situations Fund debuted in 2007 and was once managed by former star GLG trader Greg Coffey, who handed the funds over to Abdel-Motaal and Turtelboom in 2008.
The Man Group unit has recently been restructuring its emerging-markets team, judging that emerging and developed markets are increasingly integrated and should be more coordinated, Asian Investor reports. Both developed and emerging markets investments are now overseen by GLG's macro and fixed-income unit, led by Jamil Baz and Sudi Mariappa.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...