Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
CAIA Prepares for Expansion
By Staff WriterNEW YORK (HedgeWorld.com)--Roundtables, international chapters and new member benefits are in the works at the Chartered Alternative Investment Analyst Association. Jennifer Marcoullier was hired to aid the group in its growth and the generation of additional programs, services and management, officials said in press release. She will be heading up...
March 05, 2006
Considering AlternativesToday's insurance and financial advisors are vetting "alternatives" as the hot new thing, the exciting opportunity, or the way to go for people on the ...
March 01, 2006
Big Funds Continue GrowingNEW YORK (HedgeWorld.com)--In 2005, funds of hedge funds with more than US$1 billion under management gained more than US$72 billion in assets, according to a survey by London-based InvestHedge. This represented a growth rate of 12% for the year. But the large fund of funds expansion in 2005 was significantly...
March 01, 2006
Hedge Fund Attrition Drops in '05NEW YORK (HedgeWorld.com)--Last year may not have been great for hedge funds from either performance or capital inflow perspectives, yet fewer funds closed in 2005 than in 2004. According to figures from the Hennessee Group LLC, the attrition rate for hedge funds with more than US$10 million in assets was...
March 01, 2006
Schroders Buys Fund of Funds PlatformLONDON (HedgeWorld.com)--Schroders plc is significantly expanding its hedge fund business through the acquisition of NewFinance Capital, which has US$2.5 billion across six funds of hedge funds. Schroders executives announced the acquisition yesterday (Feb. 21) in the company's earnings results, saying the acquisition price would total US$101 million initially with another...
March 01, 2006
A Marriage of Convenience: Private Equity and Hedge FundsWhile convergence between hedge funds and private equity funds seems inevitable, funds must weigh both the benefits and the potential pitfalls of taking the plunge. "Convergence" is a term increasingly being used in the alternative investments community to describe what many observers view as the inevitable coming-together of private equity...
March 01, 2006
Portus Progress?TORONTO (HedgeWorld.com)--A series of disagreements about appropriate disclosure among the various entities working to untangle the collapse of the Portus Alternative Asset Management Inc. hedge fund has thus far held up progress, but several compromises may be in the works. According to a report from KPMG Inc., the court-appointed receiver...
March 01, 2006
A Bright Start for '06Hedge funds brought in just under $47 billion in new assets in 2005, which combined with investment performance pushed the industry to a record $1.1...