Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
From ISDA, a Spate of Statements
By Staff WriterSINGAPORE (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 13, 2006
CAIA Prepares for ExpansionNEW YORK (HedgeWorld.com)--Roundtables, international chapters and new member benefits are in the works at the Chartered Alternative Investment Analyst Association. Jennifer Marcoullier was hired to aid the group in its growth and the generation of additional programs, services and management, officials said in press release. She will be heading up...
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 05, 2006
Considering AlternativesToday's insurance and financial advisors are vetting "alternatives" as the hot new thing, the exciting opportunity, or the way to go for people on the ...
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...
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...