FrontPoint Unveils First Global Emerging Markets Fund

Oct 12 2007 | 5:41am ET

FrontPoint Partners this week launched its first global emerging markets fund, targeted at institutional investors.

The new strategy—FrontPoint’s 32nd—will trade local currencies and interest rates, as well as equity and debt in emerging markets, focusing on macroeconomic variables. It is managed by Adam Weiner, who joined the firm in August from Oppenheimer Funds, where he also worked as an emerging markets portfolio manager. 

“Within a strong risk-management framework, Adam and his experienced investment team combine macro views on global, county and local conditions and trends with fundamental, bottom-up analysis to arrive at the optimal asset or product type, whether in local currency, interest rates, debt, equity or frontier investments," Stu Bohart, head of alternative investments at Morgan Stanley Investment Management, and Michael Kelly, MSIM chief investment officer of absolute return strategies, wrote in an internal memo.

Morgan Stanley bought Greenwich, Conn.-based FrontPoint, which manages about $5.5 billion, for $400 million last year.

Joining Weiner on the new fund’s investment team are Parisa Golestanch as senior portfolio analyst, Hema Kailasam as senior trader and Kin Lam as senior quantitative analyst.


In Depth

Q&A: George Schultze On His Fund's Unique Approach to Distressed Investing

Apr 16 2015 | 1:01am ET

George Schultze is a managing member of Schultze Asset Management, a long/short...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Minnesota Supreme Court Rejects The Ponzi Scheme Presumption: Lenders Claw Back Some Of Their Own Rights

Apr 17 2015 | 9:23am ET

A recent court ruling in Minnesota has put an end to the Ponzi Scheme Presumption...

 

Editor's Note