Horizon Cash Management, cash manager to many of the world's largest hedge funds and institutional investors, revealed that client assets under management grew by 27% in thPARA_BREAK_SENTINEL_9f8e7d6c Horizon Cash Management, cash manager to many of the world's largest hedge funds and institutional investors, revealed that client assets under management grew by 27% in the first quarter, after starting 2004 at USD 1.5 billion. Diane Mix, Horizon President and Founder, said: "The sustained low interest rate environment has put active cash management back on the industry's radar screen, but fund managers and investors should pay close attention to optimizing their cash balances regardless of the interest rate environment. The key is the ability to maximize cash holdings and outperform throughout all interest rate cycles." While maintaining a lean, highly effective staff, Horizon is adding key positions to its IT and customer service departments as it prepares for continued growth. Since its founding in 1991, Horizon has consistently delivered average net returns in excess of Treasury Bills and institutional money market rates, while continuing to provide daily liquidity to clients. Horizon's assets under management have grown 500% in five years. Background Note: Chicago-based Horizon Cash Management LLC provides customized portfolio and treasury services to hedge funds, futures funds, fund-of- funds, and institutional investors worldwide. Horizon is a registered investment adviser with the US Securities and Exchange Commission and currently manages approximately USD 2 billion in client assets.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More