Fund of funds

Beyond Universal appeal

Risk, not returns, governs the way Stenham Advisors look at managing money. And after a century in the business, who's to say they're wrong - certainly not investors, whose assets with Stenham have just passed $1billion.

Taking the high road to absolute advocacy

While a lot of pension funds still dither over whether or not to invest in hedge funds, General Motors Asset Management's head of research, Edgar Sullivan, puts the case and reasons for GMAM's step into absolute return in 2001

From alpha to gamma

French hedge fund ADI entered the incubation business by launching subsidiary New Alpha Advisors in late 2003. Solomon Teague talks to chief executive Nicholas Gomart

The income alternative

Aiming for an annual dividend yield of 7% for its investors, Forsyth Alternative Income fund of hedge funds takes a different tack on hedge-fund investing. The fund's manager, Rossen Djounov, explains the philosophy and process behind it

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