Monday, 20 October 2014
Last updated 2 days ago
Jun 5 2008 | 11:07am ET
Harcourt Investment Consulting has launched Belmont (Lux) Global Emerging Markets, a multi-strategy fund of hedge funds focused on emerging markets.
According to the firm, the growth outlook for emerging markets countries remains strong, and the well-publicized decoupling story is real.
“Consequently, local hedge funds are able to generate returns which are largely decorrelated to other regions,” the firm said. “At the same time, the inefficiencies, which characterize emerging markets, generate ample opportunities for hedge funds to create superior risk adjusted returns.”
The fund is targeting annualized return of 400 basis points above Libor, net of fees, with 6% annualized volatility. Currently, there are 29 hedge funds in the portfolio.
Harcourt was founded in 1997 and is headquartered in Zurich, Switzerland. The firm currently manages some US$5.5 billion.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...