Hedge funds
Monitoring daily hedge fund performance when only monthly data is available
The ability to infer daily performance from less frequently observed returns data can help hedge fund investors understand intra-month gains and losses
Hedge Funds Review Americas Awards 2013 open for entries
Hedge Funds Review is now accepting entries for the Americas Awards 2013. These awards recognise the top-performing hedge funds and funds of hedge funds in the US, Canada and Latin America
Risk management central to hedge fund capital raising, says survey
As more institutional investors opt for hedge funds, robust risk management is being seen as a central function needed in order to raise capital, according to a survey by Prmia and SunGard APT
LGT Capital Partners opens China office
People moves
Frontier hedge fund investors eye Iraq
A slate of telecoms IPOs and efforts to modernise banking regulations have some frontier market hedge funds enthused about prospects for Iraqi equities as institutional investors sit on the sidelines
Mariner picks ex-BlackRock rates head for macro strategy
Eric Pellicciaro, the former head of global rates investments at BlackRock, will manage a global macro portfolio for Mariner’s newly launched incubation fund
Armajaro plans hedge fund diversification and expansion
Staying power
United Arab Emirates amends rules on private placement of hedge funds
UAE rules have changed to exempt registration for private placement of foreign funds, overturning regulations adopted in 2012 that lengthened the process of offering hedge funds to local investors
Adelante Emerging Debt Fund: Adelante Asset Management
Makeover formula
Convertible arbitrage hedge fund strategies continue to outperform
Developed Europe-focused funds report positive gains
Hedge fund investors divided on SAC probe
SAC hopes to put an insider trading probe by the US Securities and Exchange Commission behind it after agreeing to pay a record fine, but hurdles still remain
Hedge fund managers challenged to provide investor solutions, not products
Hedge funds are under pressure to differentiate and explain their worth concludes a survey by SEI. Managers need to work with investors to find portfolio solutions rather than offer products
Commodity trader CF Partners launches first hedge fund
CF Partners, active in the commodities market since 2006, has launched a long/short equity hedge fund after hiring Alvaro Ventosa from Spanish fund manager Cygnus Asset Management
Apex offers low-cost option for hedge fund start-ups
Apex Fund Services is providing start-up hedge fund managers with a range of options to keep costs down, including free office space in several major cities around the globe. It will also offer advice
AIFM Directive: investment managers ‘must prepare now’
Preparations must be made before AIFM Directive implemented on July 22, 2013
Turning Points: Bill Perkins, Skylar Capital Management
Bill Perkins, founder of Skylar Capital Management, sees opportunities in US natural gas markets, even as depressed prices and low volatility prompt other traders to pull back. Alexander Osipovich reports
Hedge funds split on outlook for junk bonds
Split on junk
AIFM directive unlikely to cause significant changes in Cayman
The Cayman Islands Monetary Authority has opened negotiations with Esma on a co-operation agreement on the EU’s AIFM directive. Separately, its consultation on hedge fund directorships has closed
Elkhorn Fund: Sanborn Kilcollin Partners
Fighting the Fed
Ucits hedge funds continue to underperform hedge funds
Ucits hedge funds underperform hedge funds
Mandate Watch: Citi, SGSS and BNY Mellon win mandates
Outsourcing drives mandate growth
Hedge funds fall short on compliance
Operational due diligence analysts find more red flags in hedge funds’ compliance and regulatory functions than any other area
China introduces registration for hedge funds
Amendments to China's Securities Investment Funds Law, effective from June 2013, will for the first time recognise hedge funds. This could lead to the establishment of a Chinese hedge fund industry