•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

Raeburn Advisors begins ambitious round of fundraising for outperforming hedge fund From FinancialNews-US.com: Art Mbanefo, a former head of prime brokerage at Credit Suisse, is facing a radically altered landscape as he begins the most ambitious round of fundraising yet for his hedge fund, Raeburn Advisers. Mbanefo, Raeburn’s founding partner and chief investment officer, set up the firm last April after almost three years as co-chief executive and chief investment officer at Paloma Partners, a convertible arbitrage hedge fund. He joined Paloma after seven years at Credit Suisse, where he was global head of prime broking.

... Mbanefo said: “Investors are looking for uncorrelated absolute return. New funds that differentiate themselves through either strategy, focus on a specific sector or returns can still attract capital.” Raeburn has made a net return of 15% in its first year and 11.5% in the first quarter of this year. Mbanefo said the fund had only had 14 down days this year....Full article: Source

40 year floor trading veteran moves expertise into automated trading system As floor traders at the world's open-outcry futures markets are being replaced by computers and electronic trading systems, Michael J. Siegel has developed a 100% computerized trading system that trades in the style of the floor trader and delivers returns that outstrip many top h......................

To view our full article Click here