Feature
Standardised process would cut time needed for approval
Single strategy funds looking for added flexibility
Options in both robust and troubled US market
With rationality returning to the US markets, long/short investment is a popular and effective strategy
Sharpe practice
Schroders' emerging markets Astra fund is aiming to achieve good returns with a Sharpe ratio of about one and two-thirds the volatility of its benchmark
Hedge funds excluded from Ucit-qualifying portfolios
directive restricts exposure to short-selling
Rothschilds offers fund of market neutral funds
Rothschilds takes a historic step away from its traditional multi-manager structure with focused product
Making the most of europe
While the rules are onerous and due care needs to be taken, funds can be sold into most EU states
Parkway will open its global macro fund in July
fund aims to take advantage of change in economic cycle
Media money-spinner
The manager of the Lindsell Train media hedge fund has a simple objective ' to make money and the proliferation of media distribution platforms is helping him to meet his aim
The Italian attraction
Tax incentives are enticing investors to the Italian hedge fund market, to such an extent that the market is expected to double by the end of 2002.