Hedge Funds
The latest hedge funds news to help advisors understand how these alternative investments can help boost portfolio returns and reduce risk.
CalPERS Hires Tokyo Hedge Fund, Seeks Emerging Managers
By Staff WriterSACRAMENTO, Calif. (HedgeWorld.com)--Roughly a year has passed since staff members for the California Public Employees' Retirement System met with SPARX Asset Management officials in Tokyo. At this month's investment committee meeting, officials announced a $75 million initial allocation was made to the SPARX Blue Diamond Fund LP on Feb. 1...
April 03, 2006
SEC Unearths 'Redemption Reserve'SAN FRANCISCO (HedgeWorld.com)--The Securities and Exchange Commission is alleging a hedge fund concealed trading losses and provided false statements to investors. In an administrative order filed March 30, the regulator accuses managers of Cogent Capital Management LLC of hiding a 20% decline in the $30 million hedge fund's value through...
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,...