Friday, 27 November 2015
Last updated 1 day ago
Apr 28 2008 | 7:41am ET
Polar Capital Holdings will launch a British stock hedge fund in June on the Irish Stock Exchange.
Pending approval from Irish authorities, the UK Absolute Return Fund will debut on June 3, Thomson Financial reports. The firm plans to register the fund with the U.K. Financial Services Authority, making it available to on-shore British investors.
The new fund will invest in European and global equities in addition to its primary focus on the U.K. It will be managed by Philip Hardy, who says increased volatility in British stocks bodes well for his new fund.
“With the outlook now being less predictable and risks skewed to the downside, the ability to establish short positions and identify secular trends and pricing anomalies I becoming increasingly important,” he said.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…