For the global hedge fund industry, 2005 was something of a rollercoaster year.
Heavy losses in the Spring and a torrid October saw a return of some of the old reputational and performance spectres that haunted the industry in days gone by, made all the more frightening by the skeletons unearthed at a number of well-known, high-profile firms.
The resulting market jitters saw several institutional investors rethinking their allocation to the sector, while an array of smaller funds had to close
- Brexit novations ‘on hold’ to gain reg relief
- People moves: Bank of America names new Apac chiefs, Wilkinson leaves LGIM, Lloyds loses Coutte, and more
- Mifid data publishers drag feet on Esma guidelines
- Sefs, Libor fallbacks and risk governance in Asia
- Banks hope final FRTB rules will ease NMRF burden