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Profile/Regulation

Reopen for business

As GAM reopens some of its multi-fund hedge portfolios to new investors, David Smith reflects on the hedge fund industry, GAM's progress and staggering intake of money in 2004

Old hand with a new vision

Les Jones has invested in Japan's stock market for 23 years, bringing a wealth of experience to Old Mutual's Pan-Asia fund… and experience of wealth to his hedge fund's investors

In the future perfect

Despite a rough few months for managed futures and CTAs, Refco Alternative Investments' Advantage Multi-Manager Fund continues to offer diversification away from traditional assets, and other hedge fund strategies in its allocation to underlying CTA and…

From Russia... with gloves on

Shareholder activism in Russia has historically been a distinctly dangerous pastime, but for investors in The Hermitage Fund and its manager William Browder, it has produced returns of 990% since 1996.

Keeping a handle on the client's money

With $280bn in private clients' assets, as at 30 June 2004, HSBC Private Bank has been using hedge funds for its customers since 1989. Simon Paul, head of private wealth management at the bank, answers questions about how and why HSBC Private Bank uses…

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