All IPE articles in June 2005 (Magazine) – Page 4

  • Features

    Alpha: looking in wrong place?

    June 2005 (Magazine)

    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 ...

  • Special Report

    Hungary comes of age

    June 2005 (Magazine)

    As market forces took hold across the former eastern bloc following the collapse of communism, the emergence of a thin layer of very wealthy individuals was one of the most visible, and disturbing developments. How can a system of supposed equality give way to such apparent inequality? Is it the ...

  • Features

    Case for active style allocation

    June 2005 (Magazine)

    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?

    June 2005 (Magazine)

    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 ...