Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
TFS Launches Mutual Fund
By Staff WriterRICHMOND, Va. (HedgeWorld.com)--One of a few hedge funds to cross the great divide into the mutual fund space, TFS Capital officially launched its first mutual fund that offers retail clients a way to invest in alternatives. The TFS Market Neutral Fund lets the firm offer its mainline investment strategy to...
October 18, 2004
Hedge Funds Make Meager Gains in September: S&P Index ReturnsNEW YORK (HedgeWorld.com)--Returns for the S&P Hedge Fund Index are still better than those of the Standard & Poor's 500 stock index for the year through Sept. 30. In September, hedge funds gained 0.47%, according to Standard & Poor's. The leading strategy was managed futures. The S&P Managed Futures Index...
October 18, 2004
Sungard Introduces Daily Short Interest IndicatorsNEW YORK (HedgeWorld.com)--Sungard Institutional Brokerage Inc., part of the data processing and software company, is offering daily aggregates and weekly industry-level measures derived from stock borrowing data. In tests, these track the short interest numbers put out by exchanges once a month. Sungard Securities Borrow Indices cover the NYSE, Nasdaq...
October 18, 2004
J.P. Morgan Report Sees Erosion in Some Hedge Fund Segments, Opportunities in OthersLONDON (HedgeWorld.com)--A report that describes 2004 as "almost a perfect storm hitting alpha" for active hedge fund investors, with a number of factors coalescing to dampen returns, finds that while hedge funds offer ample opportunities for profit in many areas, some of the commonly used strategies are eroding the very...
October 12, 2004
MSCI Grows Investable IndexLONDON (HedgeWorld.com)--MSCI announced that it has added 13 funds to its investable hedge fund index, which now totals 110 funds. Officials made the changes to the index this week after its quarterly review and rebalancing. The number of investment processes and strategies contained in the MSCI Hedge Invest Index will...
October 12, 2004
UBS Opens Irish ShopLONDON (HedgeWorld.com)--UBS's hedge fund services division has opened an office in Dublin, Ireland. The new UBS Fund Services shop will be headed by Mark Mannon. It will employ 10 people, with plans for expansion, according to a UBS statement. The office will administer both onshore and offshore hedge funds with...
October 12, 2004
Australian Hedge Funds Top Performers in AugustHONG KONG (HedgeWorld.com)--Asian hedge funds overall were positive, and Australian funds outperformed other regional markets in August, according to Bank of Bermuda AsiaHedge index officials. The Australian Long/Short Index outshone the composite index by gaining1.35% in August with an overall return of 9% for the year. The Bank of Bermuda...
October 12, 2004
New Firm Forms from Consultancy PartnershipLONDON (HedgeWorld.com)--io Alternative Strategies has partnered with sister company PSolve Asset Solutions to create PSolve Alternative Investments, which will manage io Investors' funds of hedge funds. According to a statement, PSolve, a U.K. investment consultant group, saw greater demand for hedge funds and anticipated that a greater portion of returns...