All Alternatives articles – Page 131
-
Features
Over a barrel
The world has become accustomed to increased crude oil prices in recent years. But while most oil analysts ascribe the major price upsets to factors inherent to the crude oil market, the Organisation of Petroleum Exporting Countries (OPEC) has put part of the blame on the speculative role of pension ...
-
Features
Alpha: looking in wrong place?
Institutional investors coping with a low-return environment have recently been pouring unprecedented amounts of capital into hedge funds. The stated motives for doing so vary, but are all rooted in the search for higher expected returns. Some point to the track records of hedge funds during the recent bear market ...
-
Features
Case for active style allocation
Although the existing literature seems to concur on the interest of hedge funds as valuable investment alternatives, there seem to be several shortcomings in current industry practice when it comes to fully capitalising on the advantages of including hedge funds in an investor’s asset allocation. So far, the only solution ...
-
Features
Absolute returns harder to find?
In theory, hedge funds are all about delivering absolute returns – finding the elusive alpha. Until now, it has been universally accepted that the objective of a hedge fund is to provide positive absolute returns over a medium-term investment horizon irrespective of market environment and traditional market performance. But in ...
-
News
McAlpine taps SEI for equities
UK –Alfred McAlpine Pension Trustees has awarded SEI Investments a £45.6m (€66.3m) global developed markets equity mandate.
-
News
Equities forgotten as UK schemes shift €58bn
UK – Equities are becoming the “forgotten asset class” as UK pension schemes shifted £40bn (€58.3bn) out of stocks into bonds last year.
-
News
Pensions directive at risk amid German vote
GERMANY - Germany could miss the deadline for transposing the directive on occupational pensions if early elections take place, pension experts say.
-
News
GSAM names Curtis head of sub-advisory
UK - Goldman Sachs Asset Management has appointed Merrill Lynch’s David Curtis to the new role of head of sub-advisory.
-
News
Commodities need governance - consultant
UK - Lack of time and resources are among the factors behind the lack of development in commodities in the UK, according to a Watson Wyatt consultant, Alasdair Macdonald.
-
News
EU Commission eyes hedge fund regulation
EUROPE – The European Commissioner in change of the internal market, Charlie McCreevy, has identified the “patchwork quilt” of hedge fund regulation in Europe as something that needs to be looked at.
-
News
French reserve fund in SRI move
FRANCE – The French reserve fund, the Fonds de Réserve pour les Retraites, has made progress in its move towards socially responsible investing.
-
News
German BVI sees no need to regulate hedge funds
GERMANY - Fund industry association BVI has urged the government not to tighten regulation of hedge funds active in Germany, arguing that current rules are sufficient.
-
News
Dutch schemes’ NIBC ends derivatives venture
NETHERLANDS – NIB Capital, the bank owned by the two largest Dutch pension schemes, is to wind down its 50-50 derivatives joint venture with Petercam following “continued substantial trading losses”.
-
News
AP3 says it increases level of active risk
SWEDEN – Tredje AP-fonden, the third Swedish buffer fund, says it is increasing the level of active risk throughout its benchmark portfolio – which will see a global equity group taking full responsibility for equity mandates.
-
News
Fidelity institutional chief joins Odey
EUROPE - David Stewart, president of Fidelity International's European institutional business, is to join Odey Asset Management as chief executive.
-
News
IPE-QUEST: MidEast investor tenders $200m
MIDDLE EAST – A UK-based consultant has tendered $200m (€157.4m) for Nordic hedge fund ma
-
News
Watson Wyatt UK hedge researcher moves to US
UK/US – Gideon Nieuwoudt, a hedge fund researcher at Watson Wyatt in the UK, has transferred to Watson Wyatt Investment Consulting in the US.
-
News
Germany’s MLP taps Alpha for €800m
GERMANY - Investment consultant Alpha Portfolio Advisors says it has been awarded €800m by independent financial advisory firm MLP.
-
News
Cerberus in ‘take-over talks’ with NIBCapital
NETHERLANDS -The Dutch private merchant bank NIBCapital is reportedly in discussions regarding a take-over from US investment company Cerberus Capital Management.
-
Features
Open market regime
A complete opening of the German market as a financial centre for hedge funds (which are now regulated by the German Investment Act (Investmentgesetz)) would not have been possible without modifying framework conditions for investments made by insurance companies, which form by far the largest group of institutional investors. Currently, ...
