Asset management
Pensions should diversify into alternatives, says Watson Wyatt
asset classes like emerging debt offer opportunities
China to hit unregulated hedge fund black market
Government to take action against underground funds
Bottom to top
The Amex European Equity Market Neutral Fund battles with volatile and irrational markets to achieve returns of Libor plus 4% to 8%
Knowing when the price is right
Volatile markets have led to a change in risk procedures, with VaR and manager-led stop/loss strategies being favoured over automated controls
Technology platform allows outsourcing of IT functions
hemisphere adds software range to its tech services
Nine out of 10 long/short hedge funds fall below their watermark
CSFB/Tremont survey spells bad news for industry as most hedge funds, globally, show big shortfalls
Capital protection structures squeeze managers' portfolios
fund of fund managers are limited by daily pricing structures