Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

News Archive

Read More Industry News >

London HF Launching Low-Fee, Long-Only Fund

Jun 16, 2013
Jing Chen

London-based hedge fund firm Algebris Investments is preparing to launch a long-only fund that will invest in global financial stocks and bonds.

Financial Times reported that investors have already committed $100 million in the new fund, which will open in August with a formal launch in September. It will target investments in high-yielding financial bonds or financial equities with high dividend yields.

Most investors will be charged .9% annual in fees, which is an industry low.

Algebris founding partner and portfolio manager Davide Serra told the Times that “it’s a great time to invest in [financials]” as “financials are going to be the key beneficiaries of rising rates in the next three to five years.”

Founded in 2006, Algebris is partly-funded by The Children’s Investment Fund.


Read More Industry News >


Want to subscribe?

Join 15,000+ of your colleagues to receive daily hedge fund news from the definitive source in traditional and hedge fund data.

Subscribe Now


Hedge Fund Journal Reviews eVestment's Hedge Fund Database

July, 2012

Read More