Duet Assets Top US$5 Billion

May 13 2014 | 9:48am ET

Duet Group has joined the US$5 billion club, thanks to the near-doubling of its hedge fund assets over the past year.

Duet Asset Management’s assets rose 86% to £1.4 billion at the end of last year, helping propel Duet Group’s total assets to more than US$5 billion at the end of March, up from US$3 billion a year earlier, Financial News reports.

Duet founder Henry Gabay cited “organic growth” as the driver of the big increase.


In Depth

Q&A: Omni Macro Fund Bullish On India, Watching China

Mar 4 2015 | 3:35pm ET

Omni Macro Fund was formed in 2007 by Stephen Rosen, previously a prop trader at...

Lifestyle

Hedge Fund Manager Out as Minnesota Wild Minority Owner

Feb 25 2015 | 2:45pm ET

New York hedge fund manager Philip Falcone is no longer a minority owner of the...

Guest Contributor

Managing Diversification And Drawdowns In The “New Normal”

Mar 5 2015 | 2:42pm ET

In 2008-2009 diversification alone failed to provide adequate risk management for...

 

Editor's Note