Aug 4 2006 | 12:00am ET
Fieldcrest Capital Management has quietly launched a managed futures fund-of-funds that invests with between four to seven underlying managers.
David Slattery, managing partner at Fieldcrest, said that the underlying funds in the new offering are all run by either sector specific or market specific managers because “they tend to outperform diversified managers when you break it down by sector,” he said. “For example, we think the grains focused manager will outperform the grains portion of a diversified manager’s portfolio in the long-term.”
The fund, Fieldcrest Capital Partners, L.P., was established in May at the request some of the firm’s clients who wanted exposure to futures in their portfolios but did not want to pick a single-strategy. The fund’s current investors include a few high-net-worth individuals and one hedge fund, and Slattery said that the firm is waiting to build up a track record of at least two quarters for the fund before touting it to other investors.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…