Latest from IPE Magazine – Page 734
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Features
Outperformance there for the taking
The data below, supplied by Financial Risk Management, the hedge fund specialist, tracks the performance of every type of hedge fund conceivable. The figures on the opposite page are FRM estimates of how the industry has grown in the past seven years and more specifically, which of the four classes ...
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Features
Dipping a toe in the water
As hedge funds continue to win a measure of acceptance from pension funds and other institutional investors, they seem set to change the dynamics of the relationship between consultants and their pension fund clients. Across the board, consultants are finding that their larger, more active clients are expressing curiosity about ...
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Features
Transparency/liquidity needs of alternative investment
In the past, alternative investment strategies (AIS), such as hedge funds and managed futures investing has been dominated by high net worth investors. They were willing to bear the disadvantages of the mostly illiquid and non-transparent but steadily returning investment strategies. Due to the attractive risk-reward characteristics of AIS as ...
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Features
Taking a 'pure' approach to long-short equity
CDC IXIS Asset Management has recently enlarged its investment capabilities through the creation of a ‘Long-Short’ Equity Fund. This hedge fund will, in turn, reinforce company expertise in alternative investment products, targeting an institutional clientele of qualified investors. The acquisition of the American holding company Nvest at the end of ...
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Features
Construction of a customised and diversified portfolio
Hedge funds still present a number of difficult analytical problems for those who wish to integrate them into a traditional approach. To achieve success, it is important to ensure that the objective of the hedge fund allocation is clearly defined at the outset and that expectations regarding return potential and ...
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Features
An 'untraditional' multi-manager approach to alternatives
Transparency? Defined risk management? Short lock-up periods? Fee-sensitive? A fund that can handle critical mass? Do these sound impossible? Think again. These are hedge fund characteristics that investors have been seeking with little or no success in recent years – and with the new problems that lie ahead since the ...
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FeaturesKottmann quits
Felix Kottmann has left leading Swiss consultant Complementa after nine years with the St Gallen-based firm to become an independent consultant to a number of Swiss pension funds and, more directly, the retirement schemes of the troubled Swissair group. Kottmann, who was a member of the executive committee, says: “After ...
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Features
Hefty blow to fragile market
Hurtling towards its fourth recession in 10 years, the Japanese economy is once again in a vulnerable state. And the terrorist attacks on the US on 11 September have dealt the fragile Japanese equities markets a hefty blow, say equity strategists. Export levels have contracted, and this vital source of ...
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Features
Hunting for the bargains out there
Magnifying an existing trend appears to be the consensus view emerging among fixed income fund managers as to the main economic effects of the terrorist attacks and subsequent retaliations. For Matthieu Louanges and his colleagues at Allianz-PIMCO, the markets have moved rapidly – over the space of a few days ...
