Monday, 20 April 2015
Last updated 6 hours ago
May 9 2008 | 10:54am ET
Pfäffikon, Switzerland-based currency specialist Quaesta Capital this month is unveiling a foreign exchange volatility fund, V-Pro. The long/short fund will start trading at the end of the month with “substantial” seed capital from a “well-known” Swiss-based family office.
V-Pro uses quantitative analysis and market research to identify potential profitable trade ideas, according to Quaesta.
“Low risk trading opportunities occur due to the variety of market participants such as corporate hedgers, central banks and commercial banks as well as flows from directional trades, structured products or M&A activities,” according to the firm. “The trades show an attractive risk/return profile.”
V-Pro is managed by Quaesta Capital’s FX volatility specialists Harald Hild and Damian Zihlmann. The fund is targeting 15% return with a volatility of around 8% per year.
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…