Monday, 20 October 2014
Last updated 2 hours ago
Dec 15 2005 | 5:00pm ET
UBS Global Asset Management has launched a U.S. equity alpha fund as a core equity substitute that relaxes the long-only constraint, the firm announced on Monday.
The US Equity Alpha Strategy uses a long-term fundamental approach to identifying shorting opportunities and will seek to outperform the Russell 1000 Index by 3-5% per year, gross fees.
The strategy will invest in 75-125 companies and will seek to add alpha by taking an average of 30% in short positions balanced by 130% on average in long positions while maintaining a 100% overall market exposure.
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 ...