Hedge Funds
The latest hedge funds news to help advisors understand how these alternative investments can help boost portfolio returns and reduce risk.
March 01, 2006
Schroders Buys Fund of Funds PlatformLONDON (HedgeWorld.com)--Schroders plc is significantly expanding its hedge fund business through the acquisition of NewFinance Capital, which has US$2.5 billion across six funds of hedge funds. Schroders executives announced the acquisition yesterday (Feb. 21) in the company's earnings results, saying the acquisition price would total US$101 million initially with another...
March 01, 2006
A Marriage of Convenience: Private Equity and Hedge FundsWhile convergence between hedge funds and private equity funds seems inevitable, funds must weigh both the benefits and the potential pitfalls of taking the plunge. "Convergence" is a term increasingly being used in the alternative investments community to describe what many observers view as the inevitable coming-together of private equity...
March 01, 2006
Portus Progress?TORONTO (HedgeWorld.com)--A series of disagreements about appropriate disclosure among the various entities working to untangle the collapse of the Portus Alternative Asset Management Inc. hedge fund has thus far held up progress, but several compromises may be in the works. According to a report from KPMG Inc., the court-appointed receiver...
March 01, 2006
A Bright Start for '06Hedge funds brought in just under $47 billion in new assets in 2005, which combined with investment performance pushed the industry to a record $1.1...
March 01, 2006
Accident Ahead?Among those who fear that a lack of regulation of hedge funds might be harmful is Bill Donaldson, the former chairman of the Securities and...
February 21, 2006
Julius Baer Integrates GAMNEW YORK (HedgeWorld.com)--Sold by UBS to Julius Baer late last year, GAM will be overseeing hedge fund vehicles previously established by Julius Baer in addition to its own single- and multi-strategy products, according to the Julius Baer 2005 earnings report. As part of its integration, GAM will become the main...
February 21, 2006
Hedge Funds Face New Market RealitiesCHICAGO (HedgeWorld.com)--A new day is dawning in the hedge fund industry, and this time it has nothing to do with the Securities and Exchange Commission or pension funds. Hedge funds themselves are looking to reinvent the way they operate. Strategies that were the hardest hit in 2005, such as long/short...
February 21, 2006
Latest Best Practices Focuses on Global Macro, Managed FuturesGREENWICH, Conn. (HedgeWorld.com)--The latest best practices offering out of the Greenwich Roundtable tackles how to conduct due diligence for global macro and managed futures strategies contains a blend of practical advice applicable to any hedge fund investment, plus new ideas tailored specifically for the more esoteric realms that are the...
February 01, 2006
ERISA Ponders AlternativesThe Employee Retirement Income Security Act of 1974 (ERISA) has been a provision most hedge fund managers have sought to avoid. However, as more pension...
January 16, 2006
Missouri Teachers Hires AlbourneJEFFERSON CITY, Mo. (HedgeWorld.com)--The Public School & Education Retirement System of Missouri hired Albourne Partners to help the US$27 billion pension fund allocate money to hedge funds. Craig Husting, chief investment officer for the fund, couldn't provide many details, but said the fund hired Albourne as a consultant. He said...