Sunday, 28 December 2014
Last updated 3 days ago
Jan 3 2007 | 12:49pm ET
Barclays Global Investors’ new fund of hedge funds unit is aiming to raise about $1 billion for its first offering, according to a Thompson Financial report.
New York- and London-based BGI Alpha Management Group launched AlpEx, its first external global fund of hedge funds, late last year. According to a Thompson source, the firm hopes to gather the $1 billion over the next 18 months.
The new BGI business, which is exclusively targeting institutional investors, was launched last year. Stan Beckers, formerly of Barra International, heads the group, with former Julius Baer alternatives chief investment officer Jonathan Morgan leading the U.S. fund-of-funds division.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.