Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
European Banks Share Hedge Fund Concerns
By Staff WriterIn separate reports this month, both the European Central Bank and the Bank of England highlighted the risks, but also the benefits, of hedge funds with respect to financial markets.
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...
December 23, 2004
Managed Futures Shine, Boost CSFB/Tremont Index by 5.83%NEW YORK (HedgeWorld.com)--Hedge funds inched up another 2.65% in November, according to the CSFB/Tremont Hedge Fund Index. Year-to-date through Nov. 30 the index was up 7.91%, which still lags the MSCI EAFE US$ Index. For the month, the hedge fund index also underperformed the Standard & Poor's 500 Stock Index,...