Monday, 20 October 2014
Last updated 44 sec ago
Jan 16 2008 | 2:13pm ET
Schroders has added a Diversified Completion Fund to its stable of multi-asset strategies. The fund, which provides access to a range of alternative asset classes, is currently marketed to a broad range of pension fund clients and is designed to “sit alongside a traditional equity portfolio.”
The new product will contain a range of alternative asset classes, including hedge funds, private equity funds, commodities, global property, infrastructure, high-yield and emerging-market debt, according to Johanna Kyrklund, head of the U.K. multi-asset team. The fund will invest in the firm’s internal as well as external funds.
“This new fund strategy has evolved from our well established Schroder Diversified Growth Fund, a fund which currently has over 55% invested in alternative assets and over £1 billion (US$1.96 billion) funds under management,” said Kyrkland. “As a pure alternatives fund, the Diversified Completion Fund, will offer a broader range of alternatives in its portfolio.”
The Schroder Diversified Completion Fund is targeting a return of LIBOR plus 2% to 4% annually over rolling five-year periods, net of fees.
Schroders is a global asset management company with £137.7 billion ($280.5 billion) under management as of the end of September 2007.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...