West Palm Beach (HedgeCo.net) – Finvest Asset Management is set to launch a new capital protected offering for investors who are seeking to generate annual returns of between 12-20 percent in a low risk structure.

The total offering is for $500 million and is open to non-U.S. investors only. The capital protected product will be offered to investors in the form of a U.S. Dollar denominated subscription. Downward pressure on the Euro relative to the dollar, will further enhance the investment and provide a source of upward performance for investors.

The Zurich-based Asset Management company has also received a mandate to allocate around $300m to the fund of hedge funds sector as part of a low-risk strategy to capitalise on the turbulence in global financial markets market.

Allocations will be made to funds that have a track record of at least three years, have an attractive Sharpe ratio, and are targeting annual returns of between 10 and 15 per cent. Funds of funds that may have incurred negative returns will not be excluded from the selection process.

"The decision to allocate to a hedge fund goes against the current trend," says Finvest portfolio strategist Mayer Greenwald. "However, we see a tremendous amount of upside in the fund of funds space, providing that portfolio managers apply the appropriate risk management." He argues that a good fund of funds can provide value in its ability to optimise allocations and achieve an appropriate risk/reward profile.

Finvest currently operates an office from Zurich and recently announced plans to open an office in London and Cypress. It also manages the Finvest Primer and Finvest Yankee funds.

Alex Akesson

Editor for HedgeCo.Net
Email: alex@hedgeco.net

HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!

Tags: boston, collateralized, due-diligence-service, initial-investment, investor-sentiment, john-mcallister, management-experience, merrill, prison-term, sacm, sales-marketing, tracking-error

West Palm Beach (HedgeCo.net) – Mooring Financial Corp., a private investment firm specializing in the management of alternative assets, has seen its hedge fund, the Mooring Intrepid Opportunity Fund gain 37% year-to-date, while global hedge fund returns have declined almost 10% this year.

The fund gained by capitalizing on corrections in the high-yield corporate bond, commercial mortgage-backed securities and subprime residential mortgage markets. The Fund has gained 132.1% since its inception on March 1, 2007, the Fund’s highest gain on investment to date.

"The centerpiece of our objective for Mooring Intrepid Opportunity Fund is the expectation of a repricing of risk in the credit markets," said president and founder John Jacquemin, "We mapped out a strategy two years ago in anticipation of the credit markets debacle now taking place. The fund’s positions are volatile and aggressive, and appropriate only for investors who understand these risks." 

In recent weeks, the fund has begun to take additional bearish positions in financial and commercial real estate stocks as well as exchange traded funds in anticipation of continued deterioration within these markets.

"We believed strongly that the credit markets had reached a point of excess never before experienced in modern history." Jacqumin explained, "and we felt strongly that the risk/reward ratio was very much in our favor. This has proven to be the case."

The firm has acquired and managed more than $2 billion of financial assets since inception in 1982. Mooring Financial Corporation manages four funds across different asset classes, including distressed commercial loans, real estate tax liens, publicly traded equities and credit derivatives.

Alex Akesson

Editor for HedgeCo.Net
Email: alex@hedgeco.net

HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!

Tags: bond-portfolio, boston, default-rate, distressed-real-estate, institutional-marketing, leon-cooperman, local-economic-development, northwest-airlines-corp, sacm, spanish-banks, subprime-mortgage-market, VA, wall-street-journal, wealthy-investors

Minyanville.com – While they’re not deviously plotting the demise of the worlds’ most powerful financial institutions, hedge funds are loading up on another popular trade: Cash.

According to the Financial Times, Citigroup estimates hedge funds have recently squirreled away as much as $600 billion in cash, of which $100 billion is held in money market funds -those same money market funds Washington so graciously propped up last week.

With good risk-reward investment opportunities in short supply, hedge funds — paid handsomely to manage risk — are relying heavily on the safety of cash to ride out recent market turmoil. It’s telling that for those whose livelihoods depend on beating the market, the investment du jour is no investment at all.

Read Complete Article

Tags: ambiguity, curbs, fellow-shareholders, investment-funds, mattia, sacm, savings-and-loan-crisis, south-korea, turnover, vanguard-group