Strategy
Through the legal looking glass
Legal update
finding brahman: in search of the best fund managers
Finding the right managers in the right geographical and investment sectors, and rewarding the best performers, is the key to healthy returns for funds of hedge funds
Back to the futures
Derivatives
Global economic recovery lets emerging markets catch up
Emerging markets
onwards and upwards
Analysts are predicting another good year for hedge funds, although managers will not have it all their own way - innovation will again be an essential factor in generating returns
Convertibles set to exploit renewed bond issuance after disastrous 2003
Convertible managers could buy into new issues, but still face low volatility difficulties
time to cash in
Pension funds and others with cash to spare may look first at money market funds to park savings, but hedge funds are also seeing the benefits of using these vehicles
European volatility offers funds a chance to prosper
The Eurozone may be growing, but not everybody believes it. Managers, it seems, must be ready for anything
All change
As foreign exchange trading becomes ever more efficient, brokers are finding themselves competing for hedge fund business
Honeyguide proves profitable diversifier for global macros
Fund looks for long-term match of risk and reward in underlying managers
Patience pays off
Platinum Capital Management has launched a new distressed debt fund after a long process of analytical research
Japan comes of age
As the economic climate changes in the Land of the Rising Sun, hedge funds are rapidly expanding to become a high-profile investment option
The long and the short of it
Early signs of improving global economic conditions are causing fund managers to reassess their portfolios - with all eyes on US long/short
One broker or two?
Prime brokerage
alphabeta soup
Analysing returns
Pole position
Refco Alternative Investments is knocking on pension funds‘ and institutional investors‘ doors with a range of diversified and single strategy funds of hedge funds, and a passive indexed product, too
A better alternative?
Investible indices vs funds of funds
Press gang
Press and marketing
Caution pays
After initial wariness, the managers of BDT Invest Japan Fund have increased their net exposure to 30% as Japan’s outlook has improved