Saturday, 30 August 2014
Last updated 1 day ago
May 21 2008 | 11:43am ET
London-based Redtower Asset Management has launched a currency hedge fund, the Redtower Global Macro Fund, which aims to exploit global macro themes by seeking relative value in currency relationships through investment in currency pairs.
The fund will be managed by Redtower chairman Gerry Celaya, who previously held senior technical analysis roles at American Express Bank and Bank of America, and Jane Foley, a former director of foreign exchange research at Barclays Capital.
Celaya said the fund will be able to invest up to 80% of its portfolio in emerging market currencies to profit from the fastest-growing economies.
“Now is a particularly exciting time for us to launch the fund as recent market turmoil has created a wealth of investment opportunities,” he said.
Redtower Asset Management was formed in 2007 and is the asset management division of Redtower Research, a financial data provider.
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 ...