Wednesday, 26 November 2014
Last updated 36 min ago
Apr 21 2008 | 9:03am ET
Iraq already boasts a hedge fund, and now a top emerging markets investor is casting an eye on its private equity potential.
Mark Mobius, who manages emerging markets funds at Templeton Asset Management, is in talks about making p.e. investments in the war-torn country.
“We are looking at private equity in Iraq and are meeting with representatives in Iraq,” he told Reuters. “There are smaller companies in manufacturing, the services and food industries that are keen for investment.”
Still, he warned the Iraqi Stock Exchange remains too illiquid for listed equity investments, which has not stopped Godvig Capital Management’s US$15 billion Babylon Fund. As might be expected, that hedge fund, which a year and a half ago, has been extremely volatile, posting double-digit returns last year and having a roller-coaster 2008.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...