The hedge fund industry has undergone significant change since the beginning of the financial crisis, resulting in the need to grow operational infrastructure and increase transparency, says a report by KPMG, and the Alternative Investment Management Association (AIMA). Prior to
By James Williams – “What the Special Limited Partnership (SCSp) does is provide a legal vehicle that specifically and systematically addresses every area of concern for private equity managers when they look at what are the available options to them
The assets under management of Luxembourg-domiciled funds reached a historic high of EUR2,225 billion at the end of April 2012, according to the Association of the Luxembourg Funds Industry (ALFI). Luxembourg remains the largest European fund centre, followed by France
Last month’s popular Hedgeweek-PerTrac webinar – Fund allocation challenges in turbulent times: Are alternatives the answer? – which was hosted by Hedgeweek managing editor Simon Gray and examined some of the issues currently facing fund allocators and the options open
The Dow Jones Credit Suisse Hedge Fund Index finished down 0.22% for the month of December. Long/short equity was the worst performer of the 10 sub-strategies, down 0.88 per cent, followed by event driven (-0.81%) and managed futures (-0.79%). Dedicated
Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished May down 1.33%, with four out of 10 strategies in positive territory. In total, the industry saw estimated outflows of approximately $2.39 billion in May, bringing
Baird, an employee-owned international capital markets, private equity, wealth and asset management firm, has expanded its global platform to inclu
Virtus Investment Partners and Cliffwater have established Cliffwater Investments, an investment adviser that will sub-advise a series of multi-strategy, multi-manager alternative mutual funds for retail investors. The new venture will leverage Cliffwater's expertise in portfolio construction and its research of
Talk about key man. More than USD600 billion is currently managed by hedge funds whose founders will turn at least 60 in the next decade, according to Institutional Investor magazine. The retirement – or death – of star traders can
In December, the stock market experienced a slight rebound, with the S&P 500 gaining 1.02% in a context of steadily decreasing implied volatility: the VIX reached a 23.4% level after three consecutive months of retreat from its September peak (43.0%).
