Hagin Investment Management News
Hagin Investment Management Now One of the Few Hedge Funds Run by a Woman and a Minority
NEW YORK,
Though hedge funds are relatively new to public consciousness, they have been around since the 1960's and yet they still receive accusations that they have done little to eliminate the proverbial glass ceiling. And the numbers back this up. (C)Reuters recently estimated that of the 9,000 hedge funds worldwide only about 100 are run or owned by women and minorities-since 2003 these managers have outperformed their peers by 3.5% annually net of fees according to the HFRX Diversity Index.
Hagin Investment Management built the firm based on hiring the best talent. "We find that having a diverse management team offers a more nuanced interpretation of the market," said Partner,
Lee joins Kathleen DeRose, a 25 year veteran of asset management who has managed multi-billion dollar institutional portfolios and mutual funds. Lee brings with him 12 years of financial industry experience including management positions at Tremblant Capital LLC and HSBC. The two are partners in Hagin Investment Management.
Hagin Investment Management, located in midtown Manhattan is a boutique quantitative hedge fund providing asset management to institutional and private clients. The company's mission is to provide high alpha and information ratios in scalable long and long/short portfolios. The initial product set includes: Russell 1000 Long only portfolios, Russell 1000 130/30 portfolios, and market neutral portfolios. The firm was established in
For more information on Hagin Investment Management please visit www.haginim.com or e-mail info@haginim.com
Contact Info: Kate White: 917-536-3933 / info@haginim.com David Little: 646-775-9079 / dlittle@haginim.com
SOURCE Hagin Investment Management
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