Tuesday, 24 November 2015
Last updated 3 hours ago
Nov 7 2007 | 2:18pm ET
Quadrexx Asset Management is flying the Maple Leaf high. The Toronto-based firm has unveiled what it calls the first investable Canadian hedge fund index product whose constituents are exclusively from north of the border.
Canadian Hedge Watch Index Plus—a collaboration between Quadrexx and Canadian Hedge Watch—will include only hedge funds managed by Canadian firms.
Quadrexx CEO Miklos Nagy said the product’s launch was based on a maturation of the Canadian hedge fund industry and the firm’s belief that in the past, investable hedge fund indices “generally underperformed their non-investable counterpart.”
“The index's objective is to outperform the non-investable index measured by its Sharpe ratio. It is best for investors who are looking for an allocation to a well-diversified hedge fund portfolio with a Canadian focus,” he said.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…