Thursday, 28 August 2014
Last updated 27 min ago
Feb 26 2008 | 1:00am ET
Toronto-based asset manager Dynamic Funds is heading to Europe, bringing along a few funds that it hopes will appeal to investors across the Atlantic. Dynamic, which last year acquired Luxembourg-based VMR Funds Management, changing its name to DF Investments, is launching a hedge fund and five long-only funds.
The new offerings are based on the firm’s Canadian funds, domiciled in Luxembourg as SICAVs.
Robert Torkelund, a third-party marketer, will be charged with heading the firm’s marketing efforts in Europe.
The Dynamic Power Hedge Fund, a long/short equity offering that invests in energy and material companies, primarily in Canada, currently manages US$535 million in total assets. The fund, managed by Rohit Seghal, returned 38.6% last year and 71.5% in 2006, but got off to a slow start in 2008 dropping 14.7% in its first month of trading.
The Power Hedge Fund charges a 2.25% management fee for Series F investors and 1.25% for Series A. It charges a 20% performance fee, and its minimum investment requirement is US$100,000.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...