Offshore Business August 1999
Nassau-based hedge fund specialist Magnum Global Investments has launched a new fund utilising top-performing floor traders and market-makers using diverse strategies.
James Moore, president and owner of DGM Investments, the fund's investment manager, said the new DGM Premier Traders Fund would invest in funds managed by professional traders who have five-year average annual returns exceeding 75 per cent. "Further, these traders are incentivised to perform - as they must have a significant amount of their own capital invested in their own fund," he said.
The fund seeks to benefit from diverse investment strategies across a broad range of asset classes - equities, debt, securities, futures and options - as well as hedging styles including arbitrage, long/ short investing, and short-term volatility and non-volatility trading. |