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Hedge Funds Review

Investable indexes - June 2009

Credit Suisse /Tremont Hedge Fund Index - Dow Jones Hedge Fund Benchmarks - Frontier Capital Multi-Asset Platform Fund - Greenwich Global Hedge Fund Index - HFRX Global Hedge Fund Index - Lyxor Global hedge Fund Index

Changing times

If any doubters remain, they are few and far between. The hedge fund world, even before the imposition of widescale regulation and oversight, has fundamentally changed. How the industry will develop, however, is not certain.

Mini boom

As the prime brokerage heavyweights are forced to reassess their business models, so called mini-primes specialising in servicing small and mid-sized hedge funds are booming. Kris Devasabai reports

Smaller brokers move into the fast lane

Keen to take advantage of opportunities presented by the current economic climate, smaller brokerages are moving beyond the limitations set by a traditional hosted trading platform model, explains John Beck of Waters magazine.

ETFs still flying high

Exchange traded funds have become established as popular investment tools. There are still challenges ahead, but there is no doubt of the growing importance of ETFs to investors. Margie Lindsay examines the future prospects for these vehicles.

Interesting times for global bond market

The bond market has not been immune to the global economic crisis. Investor confidence has been shaken. However, the overall lack of liquidity has increased the importance of bond markets as a source of finance for companies and governments.

What is on offer

ETFs possess characteristics that make them an alternative to futures and portfolios of shares for investors who are seeking to gain or reduce country, regional, sector and style as well as fixed-income and commodity exposure.

Tangible infrastructure promises stability

As investors continue to be wary of the more exotic strategies, many are looking at infrastructure where real tangible assets and investments could reap high returns. Kris Devasabai examines the interest in this sector as governments around the globe…

Knowing the unknowns is important says Crazon Capital

Corazon Capital chairman Ian Morley believes the only thing that goes up in a down market is the correlation of the non-correlated assets of a portfolio. In a critique of the current investment environment, Morley was scathing about the "beta providers…

Commodities key to portfolio diversification

Shaun Port, chief investment officer at Fitzwilliam Asset Management, is passionate about commodities. He has been running multi-managers since 1995 and multi-strategy funds since 2003. Commodities, he believes, should be an essential part of any…

Blackwater eyes UK property

"I take the approach of buying in difficult times, asset managing and selling to achieve profit," says property investor Henry Gwyn-Jones, general manager of Blackwater Asset Management. He is not shy about his talent. "It is fair to say that in my…

Unintended consequences of regulation

What politicians set out to do when drafting and implementing regulations often turns out quite differently than intended. The current rush to legislation bears all the hallmarks of over-hasty and ill-conceived rules that could come back to bite the hand…

Investable indexes - May 2009

Credit Suisse /Tremont Hedge Fund Index - Dow Jones Hedge Fund Benchmarks - Frontier Capital Multi-Asset Platform Fund - Greenwich Global Hedge Fund Index - HFRX Global Hedge Fund Index - Lyxor Global hedge Fund Index

Lyxor explores risk options

The Lyxor managed account platform is one of the beset ways for investors to achieve exposure to hedge funds with maximised transparency and liquidity, believes Hela Dammak, managing director, and Pierre Matussiere, managing director, family wealth…

Investors demand good investment products

There is no doubt there is a great deal of potential investment money available in the Middle East, some of which could be placed in hedge funds. Margie Lindsay looks at the prospects for managers looking to tap into the market

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