Hedge Funds Review - 2002-10-15
Articles in this issue
Covered call strategy to offer income and growth
New star's hybrid fund aims to smooth highs and falls
Why pension funds do not readily invest in the hedge fund industry
Experts discuss the role of pension fund trustees and giving value for money
Building confidence
Luxembourg is bracing itself for boost in the market, with major legal changes expected to encourage new players into the alternative market
New Star Capital Guaranteed fund is 100% invested in cash
FUND IS FEW BASIS POINTS FROM GUARANTEE THRESHOLD ONE YEAR SINCE LAUNCH
Stand out from the crowd
The prime broker's role has grown in recent years and many offer a multitude of services
Invesco to reproduce Dublin fund for Hong Kong market
new dual strategy, single portfolio fund for invesco investors
Tech and media stocks are good value
Long opportunities in media and technology sectors follow the recent slump
Appleton's Pan-Asian addition planned for 2003
pan-asian fund of hedge funds set to launch in new year
Double exposure
Hedge funds are allocating more to distressed strategies following lack of opportunities elsewhere
Speculate to accumulate
Combining sector themes with individual stock picking underlines John Bennett's approach to running the GAM Long Short European fund
Opportunities are opening up in distressed securities
Merger arbitrage has become over-crowded, so other event-driven strategies muscle in on the act
Let there be light
Philip Gibbs, manager of Jupiter Hyde Park, sees little upside in investment banks or insurance companies, but continues to take long positions in hedge fund companies
Structured ratings
In the second part of Hedge Fund Review's look at the newest way to raise capital, Moody's explains its ratings process for collateralised fund obligations
Too good to be true
Although around $1bn has been lost to fraudulent hedge fund managers, due diligence can play a large part in sorting out the bad apples
Sector-specific managers take place in GFA portfolio
the global sector fund will be managed by piotr poloniecki
Optimism is clear in spite of war threat
The crisis in the Middle East is creating a bull market for oil, energy and gold
1,000 hedge funds set to close in the near future
short-term outlook is bleak for hedge funds, says manager
Long/short funds lose previous gains
Debt managers are still providing strong returns
Guaranteed launches set to increase in coming months
demand for hedge fund is slowing, says morningstar
There may be trouble ahead
The Harmonic Grid is forecasting an unsettled outlook for the global economy
Washington fund operation profits from being spun out
restructuring of Washington Financial group successful
3A seeks higher returns by favouring immature funds
funds under three years' old achieve higher returns, says 3A
Pensions to increase alternatives allocation
A survey of pension funds offered by Axa, IBM UK, TRW, London Pension Fund Authority and Lloyd's of London, reveals an increasing interest in hedge funds
Read the small print
With prime brokers becoming an increasingly powerful force in the market, how closely should hedge fund managers examine the underlying agreements with their chosen provider?
Hedge funds take root in retail sector
Despite the regulations enforced on hedge funds by the FSA, some of the biggest groups are based in the capital. With an increasing number of funds being launched, advisers have even more opportunities to widen their clientele
