Asset management
Eagle-eyed regulators make compliance and control allocators' key in loan market
loans/distressed debt
Best of breed
Hedge Funds Review honoured Europe's most successful single hedge funds managers and hedge fund groups in July, in London, at its annual single-manager European Performance Awards. The envelope please, and the winners were…
The best possible outcome...
Whether trading on exchanges or outside their boundaries, managers will find themselves compelled by the Markets in Financial Instruments Directive to ensure they are measuring, achieving and monitoring 'best execution.' But London lawyers counsel…
Smart money
ION Asset Management has made quite an impression managing its Israel long/short equity fund, chalking up 34.7% net in its first year to 30 June. David Walker spoke with ION's co-founder Stephen Levey (pictured below) to find out more...
Basel bonanza a boon for cold hard cash
While hedge funds may be used to holdings in cash management funds for investor redemptions, Basel II has given banks a greater incentive, to allow their use as collateral as well, Solomon Teague reports
The new foundation for hedge funds
Foundations and endowments are keen on hedge funds, but you've got to know what they want, write Jamie Wynn-Williams and Phyllis Feinberg...
Demystifying the practice of synthetic CDO valuation
Nosheen Khan, vice president, structured credit valuations at Markit, examines the base correlation mapping methods for implying bespoke collateralised debt obligation (CDO) correlations from standard index tranche correlations
Why the implied correlation of dispersion has to be higher than the correlation swap strike
It may be accepted wisdom and proven fact, that the implied correlation that results from a dispersion trade does not equal the price of a correlation swap in the market, but AXA Investment Managers Saad Slaoui and Jerome Vierling examine the theory…
The easy path to permanent capital Nirvana...
Listing funds is one way of raising capital that sticks, Alpha Strategic shows managers there's more than one way to skin this cat, as Solomon Teague writes
Divide and rule?
MSS Capital's head of structuring in EMEA, Caelim Parkes examines the benefits and drawbacks of managed accounts, in answering why at least a portion of one's hedge fund assets should be managed in segregated accounts