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Nearly 1/3 of all financial advisors who sell alternative investments (AI) predict that Multi-Strategy and Managed Futures strategies have the greatest potential over the next 12 months, according to a new report released by Cogent Research.
By contrast, providers offering Long/Short Interest or Market Neutral solutions are likely to experience lower interest in the coming year as advisors look to shift their AI holdings and categories says the 2011 Alternative Investment Trend report, which is based on a nationally representative survey of 1,643 retail investment advisors.
While there is widespread demand for AI, asset managers will need to apply specific
While European and North American investors are shying away from investing in emerging manager hedge funds, Asian investors are increasingly keen to commit to such funds, the latest Preqin research shows. Fifty-eight percent of investors in the region are prepared to invest in emerging manager hedge funds, compared to 39% of European investors and 48% of those in North America.
Emerging manager hedge funds are generally considered more risky due to the manager’s lack of track record; as investors remain cautious about making new hedge fund investments it is perhaps understandable that they would be less keen to commit to
Global fund administrator HedgeServ has successfully completed an independent SOC 1 examination of its middle office, back office, and fund administration controls. The SOC 1 examination certification was completed by a Big Four audit firm, in compliance with SSAE 16 (formerly SAS 70 Type II) and ISAE 3402 Type II.
The HedgeServ SOC 1 covers the period from 1 October, 2010 to 30 September, 2011 and covers an extensive scope of relevant controls for operational, accounting, and technology processes that auditors can rely on.
"HedgeServ is committed to its leadership in the advancement of fund administration and best practices related to
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The horrifying thing about MF Global is you can bring in someone with huge experience like John Corzine, who has seen what’s gone on in the past three years, and yet he goes in and completely fails to prevent what has become the biggest blow-up since Lehman’s – indeed, it has been suggested that he instigated the disastrous trade, says Dermot Butler (pictured), chairman, Custom House Global Fund Services…
He’s due to appear before a congressional House committee today – 8 December – and in a prepared testimony he plans on saying “I simply do not know
Fundsmith LLP, the London-based fund management company established by Terry Smith in 2010, has appointed State Street
The UCITS Alternative Index Global suffered its third month of losses in the last four months as fund managers running onshore versions of their hedge fund strategies failed to avoid the mar
Investec Asset Management is planning to launch a UCITS-compliant global equity contrarian fund
Simon Brazier (pictured), Threadneedle Investments’ Head of UK Equities, has commenced managing
The London Metal Exchange (LME) Steel Billet contract has grown substantially in 2011 with record volumes, new location and brand listings, and industry recognition at the American Metal Market’s (AMM) Awards for Steel Excellence.
LME Steel Billet traded 209,229 lots up to the end of November 2011, equivalent to 13.6 million tonnes or USD7.7 billion, which is an increase of 30.4% from the corresponding period last year. From launch to the end of November 2011 447,627 lots have traded, the equivalent of 29.1 million tonnes and USD15 billion.
LME Steel Billet listed six new brands in 2011 from the
The Hennessee Hedge Fund Index declined 0.96% in November (-3.91% YTD), while the S&P 500 decreased 0.51% (-0.85% YTD), the Dow Jones Industrial Average advanced 0.76% (+4.04% YTD), and the NASDAQ Composite Index fell 2.39% (-1.23% YTD).
The Barclays Aggregate Bond Index lost 0.09% (+6.69% YTD) as bonds were mixed. Treasuries increased with the S&P/BG Cantor 7-10 Year Treasury Bond Index climbing 0.70% (+13.52%), while the Barclays High Yield Credit Bond Index fell -2.74% (+1.66% YTD).
“One hedge fund manager referred to November as a game of ‘macro roulette’ with major equity indices fluctuating wildly on news concerning the European
