Investors
India steers offshore investors away from P-notes towards direct market access
Sebi tries to exert greater control over foreign investment by tightening rules governing P-note issuance and streamlining foreign investor approval process
Hedge funds play key role in Ontario Teachers’ Pension Plan
Ron Mock, head of alternative investing at Ontario Teachers’ Pension Plan, takes over as CEO in 2014. His own hedge fund background and an emphasis on risk/return has already brought positive results
Communicating portfolio risk intuitively and effectively
Unlike returns and most other metrics in use in financial services, portfolio risk is not the sum of the risks of its parts. What is needed is a clear and compact system to show how risk behaves
Hedge funds can rescue pension fund industry, says Cern pension chief
CEO of the Cern Pension Fund Theodore Economou has moved from the traditional allocation strategy used by most plans to a capital preservation approach based on dynamic risk-driven asset allocation
Cern Pension chief urges others to ‘think like global macro hedge funds’
CEO of the Cern Pension Fund Theodore Economou says pension funds should use the techniques of the best global macro hedge fund managers to control risk and volatility while producing absolute returns
Triple-scoring strategy for commodities generates superior risk-adjusted performance
An analysis of commodity futures produces a strategy combing two ‘traditional’ signals – momentum and term structure – with idiosyncratic volatility in an easy to deploy triple-scoring scheme
Monitoring daily hedge fund performance when only monthly data is available
The ability to infer daily performance from less frequently observed returns data can help hedge fund investors understand intra-month gains and losses
Hedge funds face dilemma of implementing socially responsible investing
Hedge funds are adopting policies supporting socially responsible investing. It is possible for them to adhere to such principles, helping them attract capital from a new set of investors
Talent fuels growth of Asian hedge fund industry
Talented hedge fund managers are emerging in Asia and more capital is being deployed in the region. Edward Moon, CIO in Singapore for Woori Absolute Partners, talks about Asia’s hedge fund industry
Hedge funds fall short on compliance
Operational due diligence analysts find more red flags in hedge funds’ compliance and regulatory functions than any other area
Institutional investors shift portfolio allocations to hedge funds
Institutional investors are set to allocate 11% more to hedge funds this year, according to a Deutsche Bank survey. Less money is flowing to FoHFs while emerging managers are in favour.
NewAlpha and Woori Asia seeding fund makes first investment
Former Brevan Howard and Trafalgar Capital hedge fund manager is recipient of first joint seed investment by NewAlpha and Woori Absolute Partners. The strategy is Asia equity long/short.
Hedge fund fees are in the spotlight
Investors are paying more attention to hedge fund costs but many will tolerate additional expenses being passed to the fund as long as they are reasonable and the fund’s performance is strong.
Overall hedge fund performance needs to remain positive to keep investor interest
Hedge fund performance needs to rise in 2013 in order to ensure institutional investors do not lose heart with alternatives. But new EU rules could distract managers from focusing on performance.
Endowments question merits of hedge funds after negative returns in 2012
Hedge funds remain the single largest allocation for US university endowments but an extended period of lacklustre returns is leading some in the endowment community to question their value.
Hedge fund due diligence process considers myriad aspects of qualitative and quantitative factors
How to analyse the myriad of data collected during the due diligence process has led many companies to try to establish methods of quantifying and measuring some or all of the resulting information.
Hedge fund industry seeks solutions to Solvency II challenges
Hedge funds need to address transparency and risk reporting standards to avoid punitive capital treatment under Solvency II. European insurance companies are keen to increase current 1% allocation.
Hedge fund managers show skill in finding value throughout 2012
From currency trades to European financials to crude oil production, hedge fund managers have found extraordinary value in a wide variety of trades over 2012 despite challenging market conditions.
UK pension fund USS takes bold approach to hedge fund investment
As the UK’s second-largest pension plan, USS has shown a strong commitment to alternatives. Investments into hedge funds provide an uncorrelated revenue stream that influences the overall portfolio.
Deutsche responds to shifting investor demands for managed accounts
Deutsche Bank has swept the board in the platform rankings, topping all four categories. The bank has made changes to its managed account platform in response to investor demands.