Hedge Funds Review - 2002-05-15
Articles in this issue
European bankruptcy laws must be clarified
LAW | Varying creditor rights makes distressed investing difficult
Volatility in UK market creates short options
Three hedge fund managers talk about the opportunities available in the UK market at the moment and the direction they are planning to take in the near future
France develops new code of conduct for alternative investment
French investment boutiques are set to benefit from the country's planned relaxation of fund regulation
Private equity exposure increased by investors
PRIVATE EQUITY | track record is the most important aspect for funds
Gateway to Asia
Avenue Capital Group invests in Asia's distressed debt market through three of its funds
A growing interest
An increasing number of UK pension funds are likely be interested in investing in hedge funds, thanks to the latest Code of Best Practice requirements
Change in shorting policy adds value to the market
Changes in the Japanese market fuelled by growing confidence and aggressive cost cutting could create opportunities for hedge funds
S&P aims for index to provide transparency
BENCHMARK| S&P to base index on 40 funds invested in NINE strategies
Axa opens first Asian long/short equity fund
EQUITY | asian absolute fund has been added to axa's hedge line up
Small players drop out of hedge fund market
Equity funds are thought to dominate the future launch scene forcing smaller players off the board
The jury is out
Do hedge funds flourish better in boutiques or institutions?
Capital is guaranteed from Man Investment
LAUNCH | latest Man strategic product aims for 16% a year growth
that's The long and short of it
Running a successful hedge fund is a proposition worlds away from mastering long-only portfolios, but managers who have made the transition to a long/short environment are rising to the challenge
Strategic manoeuvres
Assets are flowing out of mergers and acquisitions into portfolios investing in distressed
RAB runs absolute returns in its equity fund
Schehrezade Sadeque and Philip Richards concentrate on large-cap mainstream European stocks with the RAB European Equity Strategy fund and have seen assets rise to e758m
Distressed debt offers good growth potential
Sovereign distressed debt is drawing interest from investors, with attractive gross returns on offer despite a volatile market
A new fixed income hedge fund brought into play by Julius Baer
launch | the fund aims for absolute return of libor + 9%
Operation information
Although the industry has undertaken work to improve the transparency of hedge porfolios, fund managers' opinions differ over just how transparent funds should be
Pioneer Global pays $110m for Momentum's services
EXPANSION | momentum will help pioneer to broaden product range
In the line of Duty
Will the UK Government turn to CFDs to build up its tax reserves?
New trading platform to open up market, says fund manager
TRADING PLATFORM | Move means Hedge funds benefit from extra liquidity
Structured vehicle link to fund of funds to widen client base
CDOs have been restructured for the fund of hedge fund market
Global macro funds suffer in unpredictable markets
Uncertainty over global economic recovery and its feed through to companies has created divided opinion on the global macro sector
