Wednesday, 17 September 2014
Last updated 6 hours ago
Dec 14 2007 | 10:50am ET
Moscow-based hedge fund Red Star Asset Management enjoyed strong returns in November, and has told investors to expect the good news to continue in the new year.
The US$50 million firm, which invests on its home turf, said in a note to investors that its flagship Double Alpha returned 3% last month, Reuters reports. The fund is up 15% year-to-date, unimpressive compared to other Russia-focused hedge funds. But Red Star told investors it sees “significant long/short opportunities” next year.
“We anticipate solid fund performance well into the year ahead,” the note says, adding that the firm is “selectively optimistic on the long side through year-end and well into the first quarter of 2008.”
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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