All Alternatives articles – Page 135
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Features
Hedge funds provide good return for Shell
Stichting Shell Pensioenfonds, the e13.7bn scheme of the oil giant, made a 6.9% return on its hedge fund investments in 2004. “On the hedge fund portfolio a return of almost 7% was achieved,” the scheme says in a statement on its website. Hedge funds, including currency hedging, account for 5.5% ...
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Features
Hedge strategies still dominant
December was globally a good month for hedge fund strategies, especially when compared to the disappointing performance in 2004 as a whole. But as shown in table 1, the performance of the different strategies was mixed in December. While the convertible arbitrage and CTA global strategies fell short of their ...
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Features
Dynamics of building Swiss portfolios
In 2003 the Swiss private equity market was heavily affected by the re-engineering of corporate portfolios. Michael Peterson, director of 3i Schweiz, says: “From a general partner perspective, we have seen a remarkable wave of corporate restructuring. This resulted in the reorganisation of many corporate activities that led to some ...
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Features
European private equity: is there too much money being raised?
2005 will see significant capital raised in private equity with forecasts of some $230b to be raised globally and within this, Europe’s share is forecast to be $60b. The significant increase in Funds raised naturally leads investors to question whether this is a bubble with subsequent returns for private equity ...
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Features
Clwyd strikes the right risk/return balance
Clwyd Pension Fund, currently valued at £611m (e884m), is one of a growing number of local government pension funds in the UK that have made substantial allocations to alternative investments. Alternatives now represent 22% of the fund’s total portfolio. Of this 4% is allocated to currency funds, 4% to private ...
