December 15, 2018 Comments (0) Blog

Macquarie Asian Alpha Fund

Macquarie Asian Alpha Fund

Macquarie Asian Alpha Fund – Investors may have claims.

Are you concerned about your investment in Macquarie Asian Alpha Fund? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.

According to Bloomberg last month, Macquarie Group Ltd. is shutting Asia’s oldest quantitative equity hedge fund after a poor performance in recent years.

The company reportedly told investors in October that the 13-year-old Macquarie Asian Alpha Fund would close. The fund, which has Australian and U.S. dollar versions, posted losses for each of the past three years, newsletters show. Assets plummeted to $133 million in September after peaking at about $2 billion in 2015.

Hedge funds are typically aggressively managed portfolios of investments that use advanced investment strategies such as leveraged, long, short and derivative positions in both domestic and international markets with the goal of generating high returns.

Hedge funds such as Macquarie Asian Alpha Fund are generally complex and high risk investments.  Investors in hedge funds can often expect large swings in performance and volatility. They are not suitable for all investors.

According to Bloomberg, hedge fund closings hit $3 trillion, and “closures have outnumbered launches for the third year running: 580 funds decided to shut as of Dec. 3, compared with 552 openings, according to Eurekahedge.”

Investigating Potential Claims

The White Law Group is investigating potential securities fraud claims involving broker dealers who may have unsuitably recommended hedge fund investments, like Macquarie Asian Alpha Fund, to retail investors.

Brokerage firms are required to perform due diligence on any offering they recommend and to ensure that all recommendations made are suitable in light of the client’s age, investment experience, net worth, income, and investment objectives.

If a firm fails to perform due diligence or makes an unsuitable recommendation, the broker-dealer can be held responsible for any losses in a FINRA arbitration claim.

FINRA can help resolve problems and disputes through two non-judicial proceedings: arbitration and mediation. FINRA’s Dispute Resolution forum handles nearly all of the securities-related arbitrations and mediations in the United States.

If you have concerns regarding your investment in Macquarie Asian Alpha Fund the securities attorneys at The White Law Group may be able to help you. Please call for a free consulation at 888-637-5510.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee.

For more information on The White Law Group and its representation of investors in FINRA arbitration claims, visithttps://www.whitesecuritieslaw.com.