Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
Tuckerbrook Hires Sales Staffers
By Staff WriterBOSTON (HedgeWorld.com)--Amanda Whelan and Joe Poretta were hired this month to handle sales at Tuckerbrook Alternative Investments LP. Jay Yoder launched Tuckerbrook in 2004, following his departure from Smith College, where he oversaw the investment of the school's endowment. Last November, the firm launched its first hedge fund, Tuckerbrook Long-Short...
February 22, 2005
Asset Flows Slowed in Fourth Quarter: TASSRYE, N.Y. (HedgeWorld.com)--Hedge fund investing slowed down toward the end of 2004, but the industry still managed to absorb a record US$123 billion in net inflows, according to research from Tremont Capital Management Inc.'s* TASS Research division. The fourth quarter saw the lowest net asset flow number TASS recorded all...
February 22, 2005
Short-Sellers Welcome January Thaw, While CTA Performance Is Put on IceNEW YORK (HedgeWorld.com)--Dedicated short-bias funds took investors by surprise posting a gain of 6.96% in January, according to the CSFB/Tremont Hedge Fund Index. At the same time, managed futures strategies gave up 5.39% after putting up healthy performance figures in recent months. Last month's index results show the strategies at...
February 17, 2005
Hatteras Registered Funds Scheduled to Hit the MarketRALEIGH, N.C. (HedgeWorld.com)--Hatteras Investment Partners' move from the wealth management and endowments to hedge funds will solidify later this year with the launch of its first SEC-registered funds of funds. Hatteras Multi-Strategy Fund I and II will be launched as soon as April 1 with an amendment forthcoming to change...
February 17, 2005
FTSE Hedge Index Down for JanuaryLONDON (HedgeWorld.com)--After a string of positive months, the FTSE Hedge Global Index posted a negative return for January 2005, negative 0.6% in U.S. dollars and negative 0.4% in GBP. The index is broken down into three styles. The biggest loser of the three was the directional style (-1.2%). Event-driven funds...
February 17, 2005
Yes, Some New Hedge Fund Rules Start TodayCHICAGO (HedgeWorld.com)--Rules that expand the U.S. Securities and Exchange Commission's oversight of the hedge fund industry went into effect today, making Feb. 10 the demarcation line between the "old" era of lighter federal regulation and the "new" regime that requires most hedge fund managers with U.S. clients to register with...
February 04, 2005
Survey Probes Ultra-Affluent OutlookNEW YORK (HedgeWorld.com)--The ultra affluent--those with assets of US$25 million or more-- increasingly are using more sophisticated investment strategies, but overall they remain skeptical about hedge funds' lack of transparency, according to a new survey conducted by Citigroup Inc.'s Private Bank unit and the international management consulting firm McKinsey &...
February 01, 2005
Study Finds '2 and 20' Not the Only Game in TownLONDON (HedgeWorld.com)--Fee structures for hedge funds vary more than some investors are aware, and fund managers might ponder whether altering how and how much they charge could affect the attractiveness of their product, according to a study by Fitzrovia. The study, titled "Benchmarking Performance Fees," found that one-third of the...