Sunday, 29 November 2015
Last updated 1 day 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.
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…