Asset management
Asset class no longer acting like bonds following July lows
After a turbulent year, fund managers are encouraged by signs of normality outside the US
You can't be too careful
LTCM was an important lesson in leverage for fund managers and hopefully the massive gearing seen in 1998 will never be repeated
Valuation process
Calculating an accurate NAV for certain hedge fund strategies is not as straightforward a process as some may believe
Carving a niche
Guernsey's legislative and regulation regime makes it an ideal domicile for both hedge funds, and property and private equity funds
Sophis to complement Axa convertible arbitrage fund
paris-based sophis to supply software for trading set up
UK Treasury appears flexible over offshore taxation rules
MARK-TO-MARKET TAXATION WOULD SEE HEDGE FUND INVESTORS HIT BY INCOME TAX