Hedge funds
Practical relative-value volatility trading
The rapid growth of fixed-income hedge funds has resulted in increased interest in identifying relative-value trade opportunities. Here, the author presents a consistent framework for finding value within interest rate options markets.
take it to the city
Exchanges
Odey AM, Eclectica Fund, Hugh Hendry - Apr 2004
Hugh Hendry achieved great success at Odey AM before branching out on his own, applying his own personality to Eclectica Fund – he explained how it worked, before leaving Odey AM.
AXA Investment Managers - April 2004
AXA Investment Managers' Antoine Josserand explains Axa draws on existing expertise within the group - in long-only or derivatives, for example - to build out its single hedge fund program.
Emergent AM, Ballistic Fund - April 2004
David Murrin from Emergent AM explains how the firm's Ballistic Long/Short Emerging Equities Fund hit 50.35% in 2002, then 111% in the three years to December 2003.
Tailor-made money makers
Bespoke products
Strong euro likely to determine where the best opportunities lie
European long/short
Managers' concern for distressed sees them acquire more merger
Shortage of debt opportunity has caused managers to look to equity and M&A
Dynamically self-propelled capital gains
The Ballistic Long/Short Emerging Equities Fund has achieved impressive returns in recent years. Its manager, David Murrin, shares some of the secrets of his success
play to your strengths
Business profile
The evolution of european exchanges
Exchanges
Seek and ye shall find...
Derivatives
In search of the philosopher's stone
Marketing
Opportunities abound for the selective stock picker
UK long/short
Standing out from the crowd
Hugh Hendry has achieved great success at Odey Asset Management by applying his own personality to the firm's Eclectica Fund - and by not following the crowd
The future's exchanges
Exchanges
CSFB, Ramon Koss - April 2004
For Ramon Koss picking a good hedge fund for a client can only come after the client fully understands the product, he explains to Hedge Funds Review
Spreading the net: in search of the best fund managers
RMB International's Global Spread Capture Fund, a fund of hedge funds, has added value by taking significant decisions about which market to be in at particular times.
Making thesystem workfor you
Zbigniew Hermaszewski,co-founder of AltisPartners, explains thestrategy of the firm'sglobal futures portfolio
European funds bounce back
The trends revealed by our survey last month seem now to be reversing as managers observe better opportunity in European long/short than in Asia and emerging markets