Friday, 26 December 2014
Last updated 1 day ago
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.
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.