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%).
After a week in China's hinterland, Lead Portfolio Manager and Head of Hermes Emerging Markets Gary Greenberg, talks about how he saw every stage of development whilst on his travels… We travelled on amazing five-star highways in remote areas, landed
EDHEC-Risk Institute has released results of European survey on use of equity and bond indices by institutional investors. The survey, which elicited responses from 104 European institutional investment professionals, EDHEC-Risk Institute analyses the current uses of and opinions on equity
Global investors have started 2012 with a reawakened sense of optimism towards the global economy and greater appetite for risk, according to the BofA Merrill Lynch Survey of Fund Managers for January. The global survey of 214 institutional investors shows
The Irish Funds Industry Association (IFIA) has issued a voluntary corporate governance code for Irish authorised collective investment schemes (CIS) and Irish authorised management companies. This follows an invitation by the Central Bank for the funds industry to develop and
ESMA has published its final report on guidelines on systems and controls in an automated trading environment for trading platforms, investment firms and competent authorities (ESMA/2011/456). In issuing these guidelines, ESMA rolls out a comprehensive regime governing the operation of
