Features/Hedge Funds
Amid talk of a bubble in corporate credit markets, some hedge funds believe the time is right to begin shorting high yield bonds
Talented hedge fund managers are emerging in Asia and more capital is being deployed in the region. Edward Moon, CIO in Singapore for Woori Absolute Partners, talks about Asia’s hedge fund industry
Convertible arbitrage offers compelling returns and diversification benefits, yet investors have turned their backs on the strategy for all the wrong reasons, according to Advent Capital Management.
This handy guide reviews the various steps banks are taking to improve their risk management techniques, looking at the benefits and pitfalls of each one.
More Features/Hedge Funds articles
A UK Treasury scheme aimed at promoting more lending to small and medium-sized enterprises is fuelling interest in direct lending strategies run by hedge funds.
The move to central clearing of OTC derivatives is meant to reduce systemic risk. It also creates plenty of headaches for the buy-side. Some hedge funds may not be ready before the March deadline.
Tail risks are present. Financial asset price inflation, caused by ultra-loose central bank monetary policies, is affecting markets and could result in multiple tail risk events in 2013.
Gary DeWaal spent 27 years at Newedge, most recently as group general counsel. He talks about the relationship between prime brokers and hedge funds and the impact of regulation on the industry.
Hedge funds need to address transparency and risk reporting standards to avoid punitive capital treatment under Solvency II, as European insurance companies are keen to increase the current 1% allocation. Kris Devasabai reports
Investors are paying more attention to hedge fund costs but many will tolerate additional expenses being passed to the fund as long as they are reasonable and the fund’s performance is strong.
Cheyne has distinguished itself through a division of five investment teams each investing by specific asset classes: corporate credit, real estate debt, event driven, convertible bonds and equities.
Technology can provide a competitive advantage in banking. How it is applied by Tier 1 and Tier 2 institutions, to the benefit for their risk management systems, is discussed.
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