Wednesday, 20 August 2014
Last updated 52 min 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.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note