The Ardon Maroon Fund Management based in Hong Kong has recently launched an Asia- focused hedge fund. Event-driven funds, which are funds that focus on mergers and other activities like spin-offs, has outperformed in 2012 and has seen as a 5% rise on average.
As a result, Frank Dominick and Charles Woo have started trading with $26.5 million. They have Mirza Rahman as their COO. James O’Hanlon is now portfolio manager.
Their plan with the Ardon Asia Fund is to invest in Hong Kong, China, Korea, Australia, Singapore, and Japan while also focusin in India, Philippines, Thailand, Indonesia and Malaysia.
Posted in Corey Ribotsky.
Tagged with Ardon Maroon Fund Management, Charles Woo, Corey Ribotsky, Frank Dominick.
By admin
– October 12, 2012
Sunrise Day Camp, the only camp in the country dedicated to cancer victims and their families, is having an impressive raffle. Together, the Americana Manhasset and the Friends of Sunrise are having the Concours d’Elegance: Technology of Movement Charity Raffle. All proceeds from the raffle with benefit Sunrise Day Camp, where children can go free of charge in the summer to enjoy time away from hospitals and their sicknesses.
Chairing the event are Lainie and Michael Contillo, Jessica and Ronen Gueta and Aurily Coven and Andrew Sandler. The grand prize for the event will be a 2012 Maserati GT Convertible and additional prizes include an Americana Manhasset $1000 Shopping Spree.
Only 1200 total raffle tickets will be sold, making it more likely to win something for each person who buys a ticket. The drawing will be held on Sunday, October 14, 2012 at Americana Manhasset. Certainly, this is a lovely way for people who are already committed to Sunrise Day Camp, like Corey Ribotsky, and those who are new to the cause to get involved.
Posted in Corey Ribotsky, Sunrise Day Camp.
Tagged with Americana Manhasset, Friends of Sunrise, Sunrise Day Camp, Technology of Movement Charity Raffle.
By admin
– September 27, 2012
There has been a recent shift in transition with investments: it seems like alternative investments are now the way to go as investors are looking for more stable options than the poor returns they have been bitten by. Some in the field – such as Mark Sowerby of Blue Sky Alternative Investments – have found this trend to have begun within the last year, seeing it as more of a “structural shift” that is occurring from institutional investors to wealth managers and financial planner networks. When the move is taken, Sowerby argues, it is beneficial.
Posted in Corey Ribotsky.
Tagged with Alternative Investments, Blue Sky Alternative Investments, Corey Ribotsky.
By admin
– September 12, 2012
Since innovation is needed to drive growth in the finance industry, the alternative investment field has to learn how to adapt so that it doesn’t get left behind. This challenge is the focal point at the upcoming summit. In attendance will be some of the world’s top alternative investment managers; institutional investors; academics and economists. They will all be discussing how the industry can best thrive through changing initiatives. Other topics that will be addressed will be of a more general nature, such as the issues facing Europe; how emerging market economies fit in; escalation in regulation.
Corey Ribotsky is the head of an alternative investment management fund.
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Tagged with 2102 Cayman Alternative Investment Summit, Corey Ribotsky.
By admin
– September 4, 2012
Macy’s has teamed up with the Leukemia and Lymphoma Society (LLS) to help beat cancer. “Shop For A Cause” is providing individuals with the opportunity to help The Leukemia & Lymphoma Society (LLS) by buying a $5.00 Macy’s shopping pass to receive 25% off all purchases (also good for 10% off electronics, watches, furniture and mattresses) on August 25, 2012. All the proceeds from the shopping pass will go toward helping fund lifesaving cancer research, and, each person who buys a card will be given the chance to win a $500 Macy’s Gift Card!
Corey Ribotsky is a volunteer at the LLS.
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Tagged with Corey Ribotsky, Leukemia and Lymphoma Society, Macy's.
By admin
– August 16, 2012
Understanding Managed Futures
Last week – Cowen Group Inc.’s global alternative investment management business Ramius LLC – provided a detailed explanation of the liquid alternative investment space, with a specific focus on managed futures. The report noted that: there had been an extremely fast growth of liquid alternative investments – five times as much for alternative mutual funds since the levels recorded before the crisis. It seems that one explanation for this is the fact that investors are seeking out alternative strategies offering daily liquidity. As well, the growth between 2006 and 2011 in managed futures mutual fund assets was $244m to $7.5bn. Finally, since there has been such a huge growth in the industry, investors should make sure they investigate a whole array of criteria carefully before choosing where best to place their money.
Posted in Corey Ribotsky.
Tagged with alternative management funds, Corey Ribotsky, Cowen Group Inc..
By admin
– August 2, 2012
A China-based wine fund – the Red Sun Fund – is soon to be launched. It will offer an alternative investment opportunity, acquiescing at least 2 million yuan, offering approximated returns of between 15 and 30 percent each year. Not wanting to narrow its focus on international fine wines, the Fund is looking at a whole slew of different types of wines, including brands that seem to be enjoying success in the Chinese market and wineries throughout the region. Those partaking in the project include: Chinese government personnel; Christies HK staff; as well as big name investors sitting on the board.
Since there has been an increasing demand in wine from China, prices in the industry have been boosted to a record high. While instability in the worldwide economy has caused some investors to be wary of equity and real estate market, those who are looking for new investment opportunities might see this industry as a new way of pursuing wealth in order to tackle escalating inflation.
Posted in Corey Ribotsky.
Tagged with alternative investment funds, China, Corey Ribotsky, Red Sun Fund.
By admin
– July 10, 2012
In a fascinating new survey, Citi Prime Finance found that hedge fund firms could more than double by 2016 as more companies embrace the risk management and diversification that are offered by hedge funds.
They also found that hedge funds are developing new products that are competing on an even field with traditional managers. The new survey is entitled Institutional Investment in Hedge Funds: Evolving Investor Portfolio Construction Drives Product Convergence, and included over 80 hours of in-depth interviews with 73 industry participants. In total the participants represented $821 billion in asset in the hedge fund industry.
Certainly, the survey information is vitally important to those in the hedge fund industry like Corey Ribotsky. Learn more about the survey and get the facts.
Posted in Corey Ribotsky, Hedge Funds.
Tagged with Citi Prime Finance, Corey Ribotsky, hedge fund industry.
By admin
– June 21, 2012
A recent UK study conducted by the Centre for Hedge Fund Research, KPMG and the Alternative Investment Management Association set out to clarify any discrepancies about the true worth of hedge funds. It revealed that they have completely outperformed stocks, bonds and commodities. The study assessed the performance of hedge funds between January 2004 to October 2011 and discovered it was the hedge funds that came out on top by an average yearly return of 9.07 percent. The figure for stocks was 7.18 percent, bonds, 6.25 percent and commodities, 7.27 percent. As well, it was revealed that there were fewer aberrations and volatility than people assume.
Corey Ribotsky works in the finance industry of alternative investment management funds.
Posted in Corey Ribotsky.
Tagged with Corey Ribotsky, Hedge Funds.
By admin
– June 6, 2012
Today, the Sunrise Day Camp is having the last of its Sunrise Sunday events before the summer. Sunrise Day Camp, where Corey Ribotsky and so many others place their time and money, is the only dedicated full summer day camp for children with cancer.
Throughout the year, they create activities to keep the children involved and inspired in the midst of struggles they may be undergoing with their health. The event today at the campgrounds includes arts and crafts, the playground, the treehouse and more. “Splashes of Hope” also plans to have the mascot Vincent Van Monkey to entertain the kids while they paint a mural for camp.
Posted in Corey Ribotsky, Sunrise Day Camp.
Tagged with Corey Ribotsky, Splashes of Hope, Sunrise Day Camp, Sunrise Sunday.
By admin
– May 25, 2012
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