Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
MSCI Indexes Show Small Gains in October
By Staff WriterNEW YORK (HedgeWorld.com)--Hedge fund performance was up slightly last month, with directional trading strategies topping the MSCI Hedge Fund Composite and Process Group indexes. The composite index gained 0.8% with 65% of funds reporting their October returns by Nov. 10. The hedge fund index has yet to surpass the MSCI...
November 12, 2004
Former Commerzbank Executives Start Hedge Fund BusinessNEW YORK (HedgeWorld.com)--Mark Richardson, global head of derivatives at Commerzbank Securities, has joined Mehmet Dalman, former head of Commerzbank Global Equities, in building a new hedge fund-oriented asset management firm, London-headquartered WMG. Started in October, WMG is conceived as a broad-scope service provider to high-net-worth individuals, private banks and investment...
November 12, 2004
Art Institute Paints a Smaller Picture for Hedge Funds in Investment LandscapeCHICAGO (HedgeWorld.com)--The board of trustees at the Art Institute of Chicago is ready to put the poor investments of the past behind it but will keep hedge funds as part of a newly restructured asset allocation for its endowment fund. The endowment became the poster child for improved investor due...
November 12, 2004
CalPERS Considers Doubling Hedge Fund BetSACRAMENTO, Calif. (HedgeWorld.com)--Having ramped up its hedge fund investment total to almost US$1 billion in recent months, the California Public Employees' Retirement System is now proposing to double its allocation to hedge funds. Through the end of September, the pension system had committed more than US$925 million to hedge funds....
November 11, 2004
MFS Executives Praise Value Stocks, Pan Hedge FundsThe outlook for the economy is good, but the outlook for hedge funds is not so good.[@@]Robert Manning, chief executive officer of Massachusetts Financial ...
November 10, 2004
Bagnard To Hire, Manage Western WholesalersNU Online News Service, Nov. 10, 2004, 4:23 p.m. ESTLincoln Financial Distributors Inc., Pacific Palisades, Calif., is building up sales management at its American ...
November 09, 2004
Altin Continues Effort to Keep Stock Price in Line with NAVNEW YORK (HedgeWorld.com)--Citing its strong returns for the first nine months of the year, Altin AG, a closed-end fund of funds listed on the London and Switzerland stock exchanges, described its current share price as unjustifiably low in relation to net asset value and the quality of its investments. ...
November 09, 2004
Labyrinth Teams Up with SAMCOMINNEAPOLIS (HedgeWorld.com)--Labyrinth Group LLC has reached an agreement with SAMCO Capital Markets to provide SAMCO and its clients access to Labyrinth's fund of funds. The Labyrinth...