Multi-strategy hedge funds, on average, gained about 6 per cent in the first six months of the year, according to Hedge Fund Research
Equally important they invest, not only in the usual suspect assets - shares, bonds, and property, for example - but also in businesses with growth potential.
Venezuela’s weight in the EMBI Global Diversified, EMBI Global and EMBI+ indices is currently 0.5%, 0.9% and 1.2% respectively
By carving up corporate bonds into behavioral traits such as value and momentum in the search for alpha, these math wizards are hoping to disrupt the established giants of the trillion-dollar credit market.
Will Wynne, co-founder and MD of Smart Pension, said: “Chicago is an ideal base for our first step into the US market, with its excellent connectivity back to the UK, and also with our strategic partners in the US.
It will provide coverage for the core property & casualty lines of business, including property, general liability, business auto, workers compensation and umbrella, and also for excess liability, environmental and international lines of business.