Tuesday, 28 April 2015
Last updated 16 min ago
Feb 19 2008 | 10:29am ET
A leading index provider today announced plans to track the fast-growing Asian hedge fund space.
MSCI Barra will launch its MSCI Asia-Pacific Hedge Fund OPTIX Index, designed to capture the overall structure and composition of the hedge fund universe in the region. The new index will include investable funds featuring at least monthly liquidity.
MSCI plans to begin building the index next month, with the help of SPARX International and Natixis Investments, which has licensed the index. It will have about 20 constituent funds at launch.
“The forthcoming launch of the MSCI Asia-Pacific Hedge Fund OPTIX Index responds to investor demand for a liquid and representative investable hedge fund index that reflects the overall Asia-Pacific hedge fund opportunity set,” Harry Fernandez, CEO of MSCI Barra, said. “The index is designed to serve as the basis of index-linked financial products, such as funds, derivatives, and structured products.”
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…