Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
The Credit and Legal Risks of Entering into an ISDA Master Agreement
By Staff WriterWhen a hedge fund decides to enter into derivatives, the first hurdle is a large stack of documents that must be signed with each trading...
January 01, 2005
Exchange OpportunitiesAdvisors looking for tax-deferral opportunities for clients might want to consider 1031 exchanges. A 1031 like-kind exchange occurs when a taxpayer sells business property and...
December 23, 2004
MSCI Hedge Fund Composite Index Up 2.4% in NovemberNEW YORK (HedgeWorld.com)--Directional trading strategies are still the gain leaders in the MSCI Hedge Fund Composite and Process Group Indexes. In preliminary results, based on the funds that reported, the MSCI Directional Trading Strategies Index, which includes systematic and discretionary trading used by managed futures managers, gained 3.4% in November,...
December 23, 2004
Daily Valuation, Outsourcing Among Trends Seen by BofNY ExecutiveNEW YORK (HedgeWorld.com)--There is a move among hedge funds from monthly valuation of the portfolio, long the standard in the industry, to daily valuation of assets, said Jeffrey Bieselin, senior vice president at the Bank of New York. This trend is limited, however, to portfolios that primarily consist of listed...
December 23, 2004
Hedge Funds Barely Register on New SurveyBOSTON (HedgeWorld.com)--Hedge funds barely registered on the radar screen of investors queried in Eaton Vance Corp.'s annual survey, but fund managers shouldn't feel too bad. The industry's "Q Rating" was on par with a couple of guys on whom enough ink has been spilled this past year to print a...
December 23, 2004
HSBC Fund Institutes Currency HedgingGUERNSEY, Channel Islands (HedgeWorld.com)--HSBC Global Absolute Ltd., a closed-end fund of funds listed on the London Stock Exchange, announced the introduction of currency hedging for its sterling-denominated shares. HGAL launched in November 2001, with the objective of achieving equity-like returns with lower levels of volatility. At launch, its investment advisers...
December 23, 2004
Hedge Fund Organization Issues Guide to Asian ManagersThe Alternative Investment Management Association adapted its guide to hedge fund management to Asian hedge fund managers in its latest iteration in its "Guide to Sound Practices" series.
December 23, 2004
Get Ready for the Rule: A Special HedgeWorld Report on SEC Registration, with Analysis from 13 Law FirmsIts official name is Section 203(b)(3)-2 of the Investment Advisers Act of 1940, as amended, and amended sections 203(b)(3)-1, 203A-3, 204-2, 205-3, 206(4)-2 and 222-2 of the Investment Advisers Act, and Form ADV--but you can just call it "The New Rule and the Amendments," or just "The Rule." Whatever you...