Adrian Lee & Partners launches Global Macro Alpha offering

Adrian Lee & Partners (AL&P), an active currency and Global Macro Manager for institutional investors, has launched a Global Macro Alpha Fund, which seeks to generate consistent excess return through diversification of macro asset class, region and alpha source, while minimising risks and volatility.

The fund is comprised of three distinct portfolios: Global Equities, Global Fixed Income, and Currencies – a set-up designed to maximise independently expected asset returns and currency cross markets...

Toshiba to launch hedge fund

Toshiba, the Japanese conglomerate that two years ago was pressured by activist investors to restructure its operations in one of the country's most controversial corporate sagas, may soon join the ranks of hedge funds by becoming one itself.

The Japanese industrial major, which is known for its high-technology research, is obtaining a license to operate a hedge fund after it developed an ultrahigh speed machine that employs quantum computing and a proprietary algorithm to seek out arbitrage opportunities in foreign exchange trading...