Saturday, 20 September 2014
Last updated 1 day ago
Aug 13 2008 | 11:38am ET
Tarzana, Calif.-based Martin Asset Management, an alternative investment management boutique, has launched exchange-traded fund strategies that it says replicate hedge fund returns without the risks, fees, lockups and non-transparent holdings.
“Our approach allows investors to obtain the very same benefits as they would with a hedge fund without the limitations usually associated with hedge funds,” said Francisco Martin, founder. “Our philosophy is simple: We don't charge any management fees but participate with a 10% performance fee and a high-water mark. The transparency of a separate managed account and the elimination of all hedge fund imposed barriers make our approach much more attractive to the investor.”
Earlier this year, the firm launched the Ilios Alternative Energy Fund, a long-biased vehicle, that invests in a range of public companies involved in wind, solar, hydro, geothermal and biomass energy, and hedges certain exposures using inversely correlated ETFs.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.