Hedge funds
Changing times for diverse family
A family that began in the early 1900s faced moving into the new century with an expanded and diverse family where the present generation needed to take control and start planning for the next.
Absolutely fabulous
A readiness to adapt to changed market circumstances has generated an impressive track record for Cape Town-based Alpha Macro Managers’ Absolute Alpha Fund, helping it avoid the worst of last year’s market upset. By Mark Pengelly
A matter of trust
More than a year on from the collapse of Lehman Brothers, administrators are still trawling through the estate of Lehman Brothers International (Europe). A scheme of arrangement designed to speed up the return of trust assets to clients failed to win…
LME delays launch date for minor metals
The London Metal Exchange (LME) has delayed the launch of its new minor metals contracts for molybdenum and cobalt until February 22 2010.
Wary about hedge funds
The German marketplace and government has not been particularly welcoming to hedge funds. Many are seen as a disruptive and negative influence on German companies. Nevertheless, some funds are keen to tap into the significant investor base one of the…
Insparo Africa and Middle East Fund: Insparo Asset Management
Frontier of investment
Oakley Absolute Return: Oakley Capital
Growing a good idea
Lawyers set for changing times
Despite increasing regulation, the mood in the offshore legal camp is buoyant. Joanne Harris reports
Tamalpais Global Partners Master Fund: Tamalpais Asset Management
Agile and prudent strategy pays off
New blood
Single-family offices are undergoing drastic remodelling to emerge in the image of the younger generation who now controls them. The next generation of family office leaders is making major operational changes, reports Margie Lindsay.
Manager profile: Peter Matthews, founder and managing partner of PJM Capital
Making a mint from science
Shorting and hedging with ETFs
ETFs can be sold short to hedge a portfolio of stocks, bonds, commodities or funds. Securities lending revenue on ETFs can be attractive for investors who own ETF shares. The lending revenue that can be earned on ETFs could more than cover the annual TER…
ETFs in Latin America
In the first five months of 2009, the Latin American exchange-traded funds (ETFs) industry had 11 locally domiciled ETFs, 174 exchange listings and assets of $7.47 billion from two providers on two exchanges.
Basic ETF structure and Ucits
ETFs have distinctive features. Each ETF is designed to track a specific index. They provide access to investment styles, asset classes, markets and different sectors.
Gradual rise in Shariah compliant ETFs
The first Shariah compliant ETF was launched in January 2007. Since then the evolution in the methodologies used by index providers to create appropriate Shariah compliant indices has resulted in well-defined indices acceptable to a broad constituency of…
Hope for a better future
Marketing and distribution of hedge funds in Italy remains difficult. Although the industry suffered a catastrophic fall in assets under management at the end of 2008, signs are the sector is picking up. Hedge Funds Review looks at the future of the…
David Harding, managing director and head of research at Winton Capital
A head for numbers
GAM Trading Strategy: GAM
Prudent approach to trading strategies
Martin Currie Absolute Return Fund - Japan Fund: Martin Currie Investment Management
Ignore Japan at your peril
Investable indexes - June 2009
Credit Suisse /Tremont Hedge Fund Index - Dow Jones Hedge Fund Benchmarks - Frontier Capital Multi-Asset Platform Fund - Greenwich Global Hedge Fund Index - HFRX Global Hedge Fund Index - Lyxor Global hedge Fund Index
Changing times
If any doubters remain, they are few and far between. The hedge fund world, even before the imposition of widescale regulation and oversight, has fundamentally changed. How the industry will develop, however, is not certain.
Mini boom
As the prime brokerage heavyweights are forced to reassess their business models, so called mini-primes specialising in servicing small and mid-sized hedge funds are booming. Kris Devasabai reports
Interesting times for global bond market
The bond market has not been immune to the global economic crisis. Investor confidence has been shaken. However, the overall lack of liquidity has increased the importance of bond markets as a source of finance for companies and governments.