Sunday, 29 March 2015
Last updated 2 days ago
Feb 3 2006 | 12:00am ET
Asset management firm Man Investments is launching a multi-manager, multi-strategy investment fund based on a principal protected note. The new fund, Man IP 220 International, will be available globally and is being marketed through the firm’s affiliates, such as Canadian hedge fund BlueMont Capital.
Man IP 220 International will be similar to the firm’s previous IP-line of funds, which offered investors access to a capital guaranteed hedge fund product. The new fund will invest in two products, the AHL Diversified Program, which is one of Man Investments’ primary managed futures products, and the Glenwood Portfolio, which is a fund-of-funds.
Investors have already put approximately $3 billion toward the new fund, which comes in both dollar- and euro-denominated bonds.
The dollar-denominated bonds will target annualized returns of 16-18% with a volatility of 17-19%. The euro-denominated bonds will target annualized returns of 14-16% and have a similar volatility to the dollar-denominated bonds.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…