Fund News Advisors Can Use: Hercules Leads With Volatility This week in fund news: Hercules debuts fund amid unprecedented volatility, the growing interest in impact investments in Black communities and Hamilton Lane’s continued push into the wealth channel.
This last week has seen some wild swings in the stock market, especially among heavily shorted stocks, such as GameStop and AMC Entertainment Holdings, a frenzy that was prompted by a group of Reddit traders. That’s a good backdrop for alternatives asset manager Hercules Investments’ new mutual fund, which seeks to profit from stock market volatility.
The Hercules Fund (ticker: