Strategy
Winning both ways
Two years ago, Mulvaney Capital took a risk by looking for a new investor, but the relaunch has proved fruitful
Cash by nature
Fund managers have been adopting the strategy of using cash as a safe haven
Ferc’s California clean-up
Sixty energy firms and utilities will have to justify their activities during the California energy crisis, the Federal Energy Regulatory Commission (Ferc) said in its regular bi-weekly meeting on June 25.
Looking to the futures
Thanks to their flexibility, universal stock futures are seeing an increase in popularity with a record number of trades
The retail debate
There is little support from both the long-only and alternative community to open up hedge funds to the retail market. But whose interests are the detractors looking out for?
Demand rises for cheap ASP-based risk technology systems
customers more comfortable using web-hosted technology
Ivy blooms as investors demand hedged products
Ivy Asset Management has tripled its assets under management since 2000 and is now scouring Europe for new managers and investors
Abria opens hedge fund product up to Europeans to raise assets
managers make portfolios available to continent
New issuance in the convertible bond market puts it ˜back on track'
Cheapness of fund raising and new features attached to corporate debt have led to a resurgence in the sector
The M&A search begins
The Mellon HBV European Event Driven Fund LP is on the hunt for merger and acquisition arbitrage funds
Share price over-valuation creates shorting opportunities in UK
Consumer cyclicals are being shorted as a result of uncertain outlook
Being defensive proves the best plan of attack in Europe
Volatile markets hamper bottom-up analysts
Brief Spring upturn for distressed securities is not expected to last
Having experienced record months in April and May, a slowdown is forecast
Staying single
Using more than one prime broker can cause more complications than selecting many is worth
The bears bite back
The outlook for US and European long/short has deteriorated, according to fund of fund managers
Prepare for the unexpected
Hedge fund managers are regarded as the most sophisticated in the financial services arena. But are they prepared to cope with unexpected shocks to the system?