Tuesday, 2 June 2015
Last updated 7 hours ago
Sep 19 2008 | 9:05am ET
Newly-formed Arkanar Financial will launch a global macro hedge fund based on its two-and-one-half year old managed account later this month.
The firm, previously known as Camelot Global Investment, underwent a management buyout in March and is prepping a Cayman Islands-domiciled fund with an initial offering period beginning in September.
The fund will employ quantitative and fundamental analyses, plus a multi-time frame trend following approach to capitalize on short and intermediate term price movements in the currencies, commodities, debt and equity sectors via future contracts, spot currencies and exchange traded funds, according to a fund presentation.
Its capital protection measures include high cash holdings between 60% to 95% and a maximum single deal position of 15%.
The minimum investment requirement for the fund is US$10,000.
The firm currently manages aproximately $200 million in managed accounts and funds.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…