Hedge Funds Review - 2002-08-01
Articles in this issue
Success strategies
Since launching two strategy funds in 1999, ORN Capital has gone from strength to strength and is following up this success up with the launch of a European distressed debt strategy next month
Benefiting from the ups and downs
Long-only managers take advantage of the added market volatility caused by hedge funds
Fund of funds offer wide scope
Examining the tax and regulatory differences compared to single manager portfolios
Specialist managers see more shorting activity
Accounting anomalies and heavy debt mean shorting is on a roll
Working in Harmony
Time is a crucial factor in trading and the Harmonic Grid can assist in this
Asia remains the driving force behind the market
Emerging markets still favour Asia, with Latin America underperforming
Scottish Mutual positions to attract more retail investors
another UK life firm makes a hedge link up for with profits
Risk Committee meets to raise reporting standards
Managers, insurers and institutional investors reach a consesus agreement on information requirements
US scandals could spark exodus
US scandals may force investors to seek relative safety of european hedge funds
A tough nut to crack
Legal impediments and excessive taxation have stunted the German hedge fund market. If these are eased there should be massive growth
Caution First
Funds of funds are adjusting portfolios to take account of market conditions but need to do so with care
Pessimism holds dollar back from recovery
Despite dollar weakness, the euro is struggling to break parity
Event-driven strategies can profit in slow times
The supply of distressed investment opportunities is unprecedented
Under fire
Are hedge funds the cause of volatility in investment markets?
Citigroup shifts focus for alternative profits
group's ceo sees profit moving out of manufacturing
Coutts banks on raising £100m for protected plan
private bank aims to meet demand for less volatile offering
It's all in the mix
Want to set up a hedge fund but don't know where to start? Here's the lowdown
Hedge market too risky for pension investment
fund managers need to look for better returns elsewhere
Laying down the money laundering law
The Patriot Act passed in the US last year to combat money laundering is adding to the compliance headaches of the European hedge industry
ORN Capital distressed fund driven by events in Europe
firm aims to benefit from events favourable to debtholders
Don't settle for second best
Investors need to take extra care when crossing over to multi-strategy funds ' managers may not be all they're cracked up to be, lacking the relevant expertise
Eastern opportunities
The manager of the New Star Asia Renaissance Hedge Fund sees major opportunities for going long and short in the post-crisis restructuring economies of east Asia
GIA unveils first of four multi-strategy products
passive strategy fund targets both retail and institutions
Tokai Bank Europe equity head leaves to start own hedge fund
mark page limbers up for eriswell capital launch in october