Monday, 30 November 2015
Last updated 2 days 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.
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…