Thursday, 27 November 2014
Last updated 1 day ago
Oct 1 2013 | 1:33pm ET
A former Simple Alternatives managing partner is set to launch a socially-responsible fund of hedge funds.
Bruce MacDonald, who left Simple Alternatives yesterday, opened Crayna Capital today. The firm plans to introduce a commingled mission-based product in the first quarter, MacDonald told Pensions & Investments. He added that he's already received some interest from institutional investors.
In addition to managing the hedge fund, Crayna will offer investment consulting services, building customized strategies for clients based on social, governance and environmental objectives, he said.
At Simple Alternatives, MacDonald was co-manager of its long/short equity absolute-return mutual fund with CEO James Dilworth, who will now run the fund on his own.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...