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

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Looking for a way to keep warm during the cold weather or rather alleviate your cold while under the weather?