Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
Sungard Introduces Daily Short Interest Indicators
By Staff WriterNEW YORK (HedgeWorld.com)--Sungard Institutional Brokerage Inc., part of the data processing and software company, is offering daily aggregates and weekly industry-level measures derived from stock borrowing data. In tests, these track the short interest numbers put out by exchanges once a month. Sungard Securities Borrow Indices cover the NYSE, Nasdaq...
October 12, 2004
UBS Opens Irish ShopLONDON (HedgeWorld.com)--UBS's hedge fund services division has opened an office in Dublin, Ireland. The new UBS Fund Services shop will be headed by Mark Mannon. It will employ 10 people, with plans for expansion, according to a UBS statement. The office will administer both onshore and offshore hedge funds with...
October 12, 2004
Australian Hedge Funds Top Performers in AugustHONG KONG (HedgeWorld.com)--Asian hedge funds overall were positive, and Australian funds outperformed other regional markets in August, according to Bank of Bermuda AsiaHedge index officials. The Australian Long/Short Index outshone the composite index by gaining1.35% in August with an overall return of 9% for the year. The Bank of Bermuda...
October 12, 2004
New Firm Forms from Consultancy PartnershipLONDON (HedgeWorld.com)--io Alternative Strategies has partnered with sister company PSolve Asset Solutions to create PSolve Alternative Investments, which will manage io Investors' funds of hedge funds. According to a statement, PSolve, a U.K. investment consultant group, saw greater demand for hedge funds and anticipated that a greater portion of returns...
October 12, 2004
In Hedge Fund Returns, a Skeptic Sees Lady Luck in ChargeNEW YORK (HedgeWorld.com)--Speaking at a recent seminar organized by the group 100 Women in Hedge Funds, Nassim Nicholas Taleb--author, mathematician, trader and chairman of Empirica LLC--argued that success in money management mainly is due to chance and disasters are inevitable for hedge fund investors. In this view, differences between managers...
October 04, 2004
Sensing Growing Interest, Norshield Adds to TeamMONTREAL (HedgeWorld.com)--In a nod to growing institutional interest in hedge funds, Norshield Financial Group hired Tristram Lett to help bring in even more business. Norshield named Mr. Lett a senior vice president, and his job will be to help the firm increase its market share in alternative products creation, research...
October 04, 2004
New Firm Gains RIA StatusBOSTON (HedgeWorld.com)--Tuckerbrook Alternative Investments LP has been granted approval to become a registered investment adviser by the Securities and Exchange Commission. The firm, founded by Jay Yoder, a former endowment manager, officially opened its doors earlier this month (see Previous HedgeWorld Story). The company will offer three alternative investment funds:...