Hedge Funds
The latest hedge funds news to help advisors understand how these alternative investments can help boost portfolio returns and reduce risk.
April 03, 2006
Hedge Funds Wise to Watch Bird FluDepending on the news reports one reads, the avian flu may or may not be on the verge of exploding into a global pandemic. As it stands right now, no one knows if or when the avian influenza strain will mutate to a form that enables it to spread quickly...
April 01, 2006
Institutions Bypass Funds of FundsWhen pension plans began to employ hedge funds five years ago in the wake of the stock market collapse, they did so primarily via funds...
March 20, 2006
Reuters Survey Shows Favor for U.S., Japanese StocksLONDON (HedgeWorld.com)-- A group of managers of funds of hedge funds sees U.S. and Japanese stocks performing well over the next three to six months, a Reuters poll shows. Reuters surveyed 10 fund of hedge funds strategists for their investment outlooks for and asset allocations to the main hedge fund...
March 20, 2006
From ISDA, a Spate of StatementsSINGAPORE (HedgeWorld.com)--The International Swaps and Derivatives Association released the results of a survey on credit derivatives post-trade processing--and the survey's numbers indicate that such processing is improving. For large firms (those that conduct at least 1,500 swap trades a week) backlogs have decreased over the last year from 23.5 days...
March 20, 2006
Italy's Momentum ContinuesMILAN, Italy (HedgeWorld.com)--Italy's hedge fund industry continued to show robust growth in early 2006, in stark contrast to the fund management industry in general, according to research recently released by Assogestioni, the Italian fund managers' association. Hedge funds notched up a 361 million euro (US$440 million) increase in February, continuing...
March 20, 2006
FSA Places Fund Values Under Greater ScrutinyLONDON (HedgeWorld.com)--A speech by a top official of the U.K.'s Financial Services Authority has targeted asset valuation practices as the core of its growing oversight of hedge funds and has publicly criticized "poor experiences" in this area in the United States. The declarations came in a speech by Dan Waters,...
March 13, 2006
Britain's Caledonia Buys Offshore Hedge Fund OperatorLONDON (HedgeWorld.com)--Liberty Ermitage Jersey Limited, one of Europe's oldest and biggest offshore hedge funds, is being sold by its parent, South African insurer Liberty Group, for up to $71 million to a new joint venture 60% owned by Caledonia Investments plc, with the remainder held by Ermitage management. The deal...
March 06, 2006
Glassman Still Not Sold on RegistrationLONDON (HedgeWorld.com)--Cynthia A. Glassman is still lending her voice to the continued criticism of the Securities and Exchange Commission's increased hedge fund oversight. Last week in London, the Republican SEC commissioner once again questioned whether the SEC was accomplishing its mission of protecting investors through mandatory hedge fund adviser registration....
March 01, 2006
Big Funds Continue GrowingNEW YORK (HedgeWorld.com)--In 2005, funds of hedge funds with more than US$1 billion under management gained more than US$72 billion in assets, according to a survey by London-based InvestHedge. This represented a growth rate of 12% for the year. But the large fund of funds expansion in 2005 was significantly...
March 01, 2006
Hedge Fund Attrition Drops in '05NEW YORK (HedgeWorld.com)--Last year may not have been great for hedge funds from either performance or capital inflow perspectives, yet fewer funds closed in 2005 than in 2004. According to figures from the Hennessee Group LLC, the attrition rate for hedge funds with more than US$10 million in assets was...