"absolute return strategies require active management, since without accepting market risk or identifying security mispricings, investors earn only the risk-free rate"
David Swensen, CIO at Yale University
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News Archive
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PrimNews - January 2011
- Hedge funds assets cross USD 1.6trn ¿ Eurekahedge
- TA Assoc takes stake in Evanston Capital ¿ Finalternatives
- Abbey Capital welcomes appointment of David McCarthy as non- Executive Director ¿ Abbey
- Former Duquesne manager to join Blackstone - Pensions & Investments
- Fund of hedge funds manager Hermes BPK comes up with new performance fee model - Top 1¿00 funds
- CDB Capital to launch USD 9bn PE, venture capital fund ¿ Reuters
- Antarctica launches European domiciled global macro fund of hedge funds ¿ Antarctica
- Peak Partners to launch hybrid emerging markets fund of hedge funds next month - Peak Partners
- Attucks debuts fund of hedge funds family - Pension & Investments
- Protection Potential of Commodity Hedge Funds
- Can factor timing explain hedge fund alpha?
- Speculators, prices and market volatility
- Hedge fund clones are still to count on
PrimNews - December 2010
- Fund of hedge funds assets under administration climb 2% to USD 1.065tn in past 6 months
- Geneva fund of hedge funds assets fell 60% after Madoff fraud
- Gottex Solutions Services and OFI Group in Ucits joint venture
- Signet Group teams with Wilshire
- New York Life Investments acquires 60% of fund of hedge funds shop Private Advisors
- Texas Permanent chooses Gam to replace Goldman Sachs
- Ignis puts Ex-RBS Man in charge of funds of hedge funds
- Alternative asset manager Apollo and fund of hedge funds manager Lighthouse announce strategic alliance
- Frontier Capital Management launches FrontEdge managed futures fund of hedge funds
- Geneva-based Palaedino launches Investable UCITS Alternative Index
- Gorelick launches second mortgage-backed closed-end fund of hedge funds
- Investors lose almost everything in BlueCrest fund of hedge funds
- Diversification strategies and the performance of funds of hedge funds
- How do hedge funds manage portfolio risk?
- The joint dynamics of hedge fund returns, illiquidity and volatility
PrimNews - November 2010
- A third of institutions to up hedge funds in 2011
- Swiss Corporate pension fund takes on fund of hedge fund managers
- U.K. pension cuts Madoff-scarred firm, doubles IAM investment
- Gottex enjoys rare net inflow launches new fee structure
- SYZ unites Asset Management Groups
- Man Group to cut up to 200 jobs
- Dutch pension manager, Lyxor unveil transparent, SRI hedge fund platform
- FRM agrees USD 50m seed capital for US start-up
- UBP backs off New York, fund of hedge funds business
- Pictet says funds of hedge funds 'aren't dead' after net inflows this year
- Zurich's Octane to move to London
- Man research head Castán to LGT Capital Partners
- Fund firm FIM sees clients flee after Madoff fraud
- Culross Global Management opens Swiss outpost
- GAM fails to plug fund of hedge funds leak
- Ermitage leases proprietary portfolio management system to CalPERS
- Fund of hedge funds specialist IAM adds to New York team
- Hedge fund fraud: Stanford Beaten in jail
- AIFAM starts fund of hedge funds, targets USD 150mn from Japan Pension
- Erste Group plans its first UCITS fund launch
- Capitalizing on Capital Hill: Informed trading by hedge fund managers
- Hedge fund regulation and misreported returns
- Optimal portfolio allocations with hedge funds
PrimNews - October 2010
- Citi launches technology platform for funds of hedge funds
- LACERA seeks first fund of hedge funds manager
- Larch Lane and Cabrera form fund of hedge funds joint venture
- Silver Creek Capital Management expands global investment team
- Ex-fund of hedge funds executive sues ACPI over 'Bullying'
- Hermes fund of hedge funds adds Caliburn's Kisielewski
- Neuberger Berman adds Goldman fund of hedge funds distribution chief
- Harcourt Investment Consulting AG enters strategic partnership with Daewoo Securities
- Hedge fund seeder wins stake in PAAMCO
- EIM adds due diligence chief
- Swiss Life to give up Castle AI Stake
- Blackstone readies fund of former proprietary traders hedge funds
- Simple Alternatives launches fund of hedge funds in mutual fund format
- Man brings award-winning equity team onshore to manage UCITS fund of hedge funds
- Amundi launches UCITS fund of hedge funds
- Are hedge funds systemically important?
- Value at Risk and Hedge Fund return: does high risk bring high return
- Liquidity risk and the size performance relationship in the hedge fund industry
PrimNews - September 2010
- Vermont invests USD 150m in funds of hedge funds
- Blackstone tops rankings as funds of hedge funds industry stalls at USD 595bn
- SEC examines funds of hedge funds
- Fund of hedge funds shutdowns lowest in two years
- 3A CEO Keller quits
- Luke Ellis heading Man¿s multi-manager business
- French fund of hedge funds Altigefi sold
- UBS hires fund of hedge funds chief
- Gottex announces 13% drop in AUM with continued outflows
- Frogg to join EIM as President
- Stenham acquires Montier Partners to create USD 3.5bn fund of hedge funds house
- Hedge fund Nexar buys Allianz fund of hedge funds unit
- Matrix strengthens hedge fund division
- Industry veteran Lovett launches emerging managers fund of hedge funds
- Ayaltis Acantias Offshore fund is launched
- Way Group launches Absolute Return Portfolio Fund
- Clariden Leu to launch UCITS fund of hedge funds with Olympia Capital
- Shenzhen Rongzhi said to launch its first trust of trusts fund
- City Financial and Clontarf team up to launch Asia fund of hedge funds
- Signet launches Dublin domiciled fund of hedge funds
- Lakeview fund of hedge funds appoints Tony Lissuzzo as portfolio manager
- Do fund of hedge funds really add value? A post crisis analysis
- Benchmarking hedge funds: the choice of the factor model
- The future of hedge fund regulation: a comparative approach
PrimNews - August 2010
- Rabobank pension fund pulls USD 500mn from fund of hedge funds
- 80% of fund of hedge funds managers considering UCITS wrapper
- Fund of funds sales rocket in Q2
- Fund of hedge funds Eddington to close
- Former Mellon chiefs said to launch fund business
- Prisma wins USD 80mn Denver fund of hedge funds mandate
- New Mexico picks Crestline
- Knoxville picks Blackstone
- Sanlam Investments strengthens hedge fund offering
- Gen2 Partners to take over two Infiniti Capital-owned fund of hedge funds
- Duet floats fund of hedge funds
- Key plans UCITS fund of hedge fund
- Gottex launches new Fund of UCITS III Hedge Funds
- Credit Suisse launches UCITS fund of hedge funds
- Listed Swiss fund of hedge funds ALTIN launches new share buyback programme
- JP Morgan launches fund of absolute return funds
- Hedge fund characteristics and performance persistence
- Hedge fund leverage
- Dynamic prediction of financial distress in hedge funds and funds of hedge funds
PrimNews - July 2010
- Fund of hedge funds indices are better suited for investors due to smaller biases
- Pensions alternative allocations Threefolds Eurekahedge launches UCITS hedge fund database UCITS hedge fund AuM grew 19% in second quarter of 2010 De Franssu warns on NEWCITS FourWinds Capital acquires Cole Partners' fund of commodity hedge funds
- SkyBridge to merge seeding platforms and list fund UBP appoints alternatives CIO Investigation into K1 hedge fund hit by death
- PAAMCO names four new partners Credit Suisse expands COO role to fund of hedge funds unit Oakley launches thematic fund of hedge funds Italian Asset Manager Fondaco starts new fund of hedge funds Tradex cuts fund of hedge funds fees after investor request Blacksquare to unveil multi-manager fund Anchor Point launches commodity fund of hedge funds FRM to launch alternatives platform with IBK Securities The opaque and under-regulated Hedge fund industry: Victim or culprit in the subprime mortgage crisis?
- Do hedge funds supply or demand liquidity?
PrimNews - June 2010
- Hedge funds manage assets of USD 2,700bn
- Fund of hedge funds eye rivals
- 47% of fund of hedge funds managers may change administrators
- Funds of hedge funds are gaining in popularity with institutional investors
- Liberum sees Ucits III threat to listed funds
- Fund of hedge funds back on the agenda for small pension funds
- Mass. PRIM¿s Travaglini to join Grosvenor Capital
- Turcan Connell opens fund of hedge funds
- StoneWater launches Emerging Markets fund of hedge funds
- Permal Group unveils USD 250mn Ucits offering
- Steenman launches first fund of hedge funds
- Iveagh and 47 Degrees North launch Newcits fund of hedge funds
- Harcourt launches Ucits III fund of hedge funds
- Zorica Capital launches maiden multi-strategy fund of hedge funds
- Kairos to launch Ucits CTA fund of hedge funds
- Woori and Fullerton launch Asia-focused fund of hedge funds with USD 30mn seed
- Alternative Advisors launches Ucits fund of hedge funds
- Dedicated short bias hedge funds ¿ Just a one trick pony?
- Diversification in the hedge fund industry
- Dynamic Versus Static Optimization of Hedge Fund Portfolios: The Relevance of Performance Measures
PrimNews - May 2010
- Number of hedge funds increased in Q1 2010 according to HFR
- New York Sues Madoff Feeder Ivy Virginia Pension System rebalances funds of hedge funds Man Group buys GLG Partner
- Gottex Assets Fall New Mexico Pension hires fund of hedge funds Reyl Asset Management enters the seeding business Arden opens JPMorgan-seeded funds of funds to outside capital BrunnerInvest launch liquid fund of hedge funds LGT Capital Partners launches managed futures Ucits fund Navellier targets liquidity and transparency fund of hedge funds Artemis launches fund of hedge funds Locked up by a lockup: Valuing liquidity as a real option
- Side-by-side management of hedge funds and mutual funds The role of hedge funds as primary lenders
PrimNews - April 2010
- Biggest funds of hedge funds take big hit in assets
- Hedge fund allocations back to `pre-crisis¿ level
- Unigestion names new hedge fund head
- Santa Barbara Pension dumps Arden
- Marcel Herbst joins Weston Capital
- Sciens acquires hedge fund managed account platform from Partners Group
- SkyBridge to acquire Citi's fund of hedge funds business
- New Jersey adds to hedge fund portfolio
- Louisiana pension looks for fund of hedge funds to replace UBP
- Illinois commission allocates USD 135mn to hedge funds
- Ivy Asset draws probe over roles with Madoff
- Hilltop launches fund of hedge funds
- Dubai-Backed fund of hedge funds opens up
- LGT plans UCITS-compliant fund of futures funds
- Rothschild launches UCITS-compliant fund
- UBP set to launch fund of managed accounts
- Altin completes share buyback
- Olympia Capital Management launches multi-strategy fund of hedge funds
- The ABCs of Hedge Funds: Alphas, Betas, & Costs
- Risk and Beta Anatomy in the Hedge Fund Industry
PrimNews - March 2010
- Hedge funds recoup lost assets and return to 2008 level
- Butterfield Fulcrum launches managed accounts platform
- Paradigm Global downsizes office space
- Oakley continues expansion
- FRM founder to be CEO again
- Harcourt AUM reaches USD 4.5bn in 2009
- ISAM forms alliance with Hite Capital, plans launch of fund of managed accounts
- Gottex and Morgan Stanley hedge fund FrontPoint Partners form new direct lending venture
- Citigroup in talks to sell fund of funds unit to SkyBridge
- New Ramius unit debuts hedge fund of funds
- Brazil-focused fund of hedge funds launches
- Focus Investment Group plans to launch a UCITS fund of funds
- Theta Legends launched in February
- How liquid are liquid hedge funds?
- Hedge funds and the financial crisis
- Risk and return in hedge funds and funds of hedge funds: A cross-sectional approach
- Passive hedge fund replication ¿ Beyond the linear case
PrimNews - February 2010
- Cayman fund of hedge funds wins U.S. bankruptcy protection
- LaCrosse Global Fund Services Partners with RiskMetrics Group
- GLG fund of hedge funds founder to leave
- Gottex says hedge fund outflows to reverse in 2010
- FQS hires senior investment analyst Richard Hallos from Ermitage
- IAM opens Madrid office
- K2, ABS win USD 90mn Milwaukee hedge fund mandate
- Man-BlackRock rumors die down
- China Everbright Bank to launch fund of hedge funds
- Lighthouse Investment about to create fund of hedge funds that invest only in separate accounts
- Crystal Capital unveils new customizable fund of hedge funds
- Commerzbank closes fund of hedge funds unit
- Hedge Invest launch UCITS fund of hedge fund
- Woori, Singapore Sovereign Fund plan fund of hedge funds
- Hermes extends fund of hedge funds Clawback to all funds
- The survival of exchange listed hedge funds
- A total risk measurement framework for hedge funds and funds of hedge funds
- Capturing risks of non transparent hedge funds
- Hedge fund activism: A review
PrimNews - January 2010
- Funds of hedge funds like long/short equity, macro for 2010
- Hedge-fund assets rose by USD 4.6bn in December
- Penjing Asset ties up with triple A for seed fund
- Quant fund of hedge funds FQS hires Daniel O'Connor as head of Investor Relations
- Funds of hedge funds help swing Legg Mason to profit
- Ivy Asset's Simon leaves as firm overhauls ranks
- Harvard picks new CIO to oversee risk
- Alexander Ineichen joins Prime Capital
- SAIL to launch up to USD 300mn distressed fund in Q1
- Gottex to take over investment management of Constellar fund of hedge funds
- GLG MMI appoints BNY Mellon for fund administration
- 80% of largest fund of hedge funds plan UCITS vehicles
- Thames River launches Ucits fund of hedge fund
- A comparison of quantitative and qualitative hedge funds
- Can hedge funds time market liquidity?
- Evidence for hedge fund predictability from a multivariate student-T full-factor GARCH model
PrimNews - December 2009
- Fund of hedge funds see strong net inflows in Q3
- Welsh pension starts search for first fund of hedge funds
- IAM makes two senior hires
- Partners Group to spin out hedge fund clone unit
- Blacksquare to open Ucits fund of hedge funds in January
- Culross Global sets up Alpha Fund
- Blackstone readies seeding fund for Q1 launch
- Saurens Newcits fund of hedge funds to target managers like Guy, Gibbs and Clapp
- Systematic funds outperform discretionary funds
- Out of the dark: Hedge fund reporting biases and commercial databases
PrimNews - November 2009
- Hedge fund assets to top USD 2tn, Deutsche says
- Managed account assets to rise 70 % by 2011
- Morningstar institutional investors survey
- Emerging markets provide leading strategy but many fund of hedge funds still with liquidity issues
- Man, Credit Suisse ink third-party deal
- Liongate Capital Management set up shop in Dubai
- De Candia joins Duet
- Fullerton Fund Management to help Woori set up a fund of hedge funds
- Nederlof joins PAAMCO
- Bainbridge Partners launches CTA/global macro fund of hedge funds
- Ivy Asset Management plans UCITS fund of hedge funds
- Frey to debut multistrategy fund of hedge funds
- Hedge fund vet launches first U.S. 'Green' fund of hedge funds
- The impact of illiquidity and higher moments of hedge fund returns on their risk-adjusted performance and diversification potential
- Redefining hedge fund alpha and risk exposures after the financial crisis
- A comparison of hedge funds and private equity funds - convergence and competition in the alternative asset sector
PrimNews - October 2009
- Performance, inflows push hedge fund assets near USD 2tn
- Europe to study impact of proposed hedge fund regulation
- Fund of hedge fund industry still in reconfiguration despite strong performance
- Hedge fund assets seen rebounding
- Massachusetts state fund drops 4 hedge fund firms
- Hedge Fund Cadogan wins independence in management buyout
- UBP adds Harvard Chief Risk Officer
- Crestline acquires Northwater fund of hedge funds
- Gottex investors will pay 10% on fresh profits but be allowed to claw back fees if strategy falls
- Westrock taps former UBP pro Michael Pechersky to build fund of hedge funds business
- 3A launches UCITS fund of UCITS hedge funds HSBC has launched
- HSBC UCITS AdvantEdge fund of hedge funds
- UK's West Midlands invests in fund of hedge funds Goodhart Partners
- Measuring funds of hedge funds performance using quantile regressions: Do experience and size matter?
- Do hedge fund managers have stock picking skills?
- Fund of hedge funds construction by statistical multiple testing methods
PrimNews - September 2009
- Withdrawals hit Banks funds of hedge fund
- Funds of hedge funds industry shrinks by USD 95bn in first half
- UBP Asset Management snags due diligence vet
- Aris Capital makes move to managed accounts
- Madoff-scarred UBP to cut staff by 10%
- HSBC fund of hedge funds sees USD 4bn in withdrawals
- Crosby aborts its Apollo mission
- Pictet markets fund of hedge funds to Asian, Australian institutional investors
- Credit Suisse seeks deal for Mesirow hedge fund unit
- Eddington Capital Management to appoint new chairman
- Swedbank Robur reduces fund of hedge fund fees
- GAM preps first distressed fund of hedge funds
- Swiss fund of hedge funds 47 Degrees North taps inefficient frontiers
- Partners Capital launches 'Hyper-Active' multi-manager fund
- Bank of China plans fund of hedge funds launch
- Gottex cuts fees on listed product
- Third tranche of fund of hedge funds Nomura Culross Alpha anticipated for LSE listing
- Hermes Alters fund of hedge funds fee structure
- Applying a global optimization algorithm to fund of hedge funds portfolio optimization
- Managed accounts and tracking error risk
PrimNews - August 2009
- Pension schemes seek to create own fund of hedge funds
- IPERS holds off funding fund of hedge funds for another year
- Paamco hires veteran investment professional Peter Stein Ann Arbor retirement system gives fund of hedge funds mandate to Blackrock
- Mesirow fund of hedge funds unit names president
- Horlick keeps up fight for listed fund of funds
- Tremont to unload fund of funds¿ assets at auction
- Dexion Alpha to switch to commodities after shareholder vote
- TerraVerde unveils `Green¿ fund of hedge funds
- Spanish fund of hedge funds Altair Multiestrategia and Cygnus Renaissance shutter
- UBP plans managed accounts overhaul
- What is the optimal number of managers in a fund of hedge funds?
PrimNews - July 2009
- Fitch changes fund of hedge funds risk ratings
- Fund of hedge funds¿ investments in hedge funds accounted for USD 818bn of the USD 1.6tn industry at end of Q1 2009
- Fund of hedge funds assets grow due to positive returns and investor confidence
- JPMorgan picks Arden for USD 1.1bn in hedge funds
- Fund of hedge funds to `vigorously¿ defend Madoff lawsuit
- Nestlé hires Gottex for investment and advisory mandate
- Olympia shuffles top management
- Harcourt names Wessling chief investment officer
- Hedge fund Veteran selected for fund of hedge funds investment committee
- UBP hires two hedge fund veterans for fund of hedge funds business
- Penjing¿s Wu to expand seeding of new hedge funds
- Macquarie launches CTA fund of hedge funds
- AA Management launches fund of managed accounts
- HSBC mulls retail fund of hedge funds launch to invest in hedge funds and UCITS III funds
- Fund of hedge funds Aida offers open-ended option
- Julius Baer invest may absorb listed Swiss fund of hedge funds house creInvest
- Illiquidity Premia in asset returns: an empirical analysis of hedge funds, mutual funds, and U.S. equity portfolios
- How smart are the smart guys? A unique view from hedge fund stock holdings
- Are ¿market neutral¿ hedge funds really market neutral?
PrimNews - June 2009
- Institutional fund of hedge funds suffer 9-month drop of 37%
- Hedge funds advance 5% in May as inflows return
- Fund of hedge funds proceeding with extreme caution, says S&P fund services
- RMF, Glenwood renamed as Man Investments
- Fund of hedge funds Stratos files motion against New Stream to block arbitration
- Swiss private bank closes fun of hedge funds and plans re-launch for 2009
- Tradex fund of hedge funds unit boosts Asia team
- Fund of hedge Fund Liongate sees big inflow in May, June
- Swiss-London listing for Castle AI
- Hong Kong`s SAIL Advisors to sub-advise three ING fund of hedge funds
- 47 Degrees North launches fund combining innovative alternative investment strategies
- Deutsche Bank to close USD 2bn fund of hedge funds
- FRM asks investors to vote to wind down listed fund
- Cogo Wolf announces launch of fund of hedge funds
- Fund of hedge funds, portable alpha, and portfolio optimization
PrimNews - May 2009
- AIMA details fund of hedge funds best practices
- L.A. Hose & Pistol seeks emerging funds of hedge funds
- Funds of hedge funds get USD 85bn in withdrawals post-Madoff
- Guinness family firm takes stake in hedge fund group
- Hong Kong fund of hedge funds names risk head
- Integrated asset management to sell fund of hedge funds business to Sal. Oppenheim
- Madoff-burned fund of hedge funds to liquidate flagships
- Fairfield Greenwich hands over control of fund of hedge funds to sciens
- Investor sues UBP over Madoff losses
- Julius Baer to spin off funds unit, including fund of hedge funds business GAM
- Lyxor unveils two fund of hedge fund
- Customised portfolio offered to investors through fund of hedge funds platform
- Listed funds - return of liquidity lifts listed fund of hedge funds
- Swiss hedge fund manager announces equity buyback and investment program
- Aggregate hedge funds flows and returns
- Did any 'real' top hedge funds survive the sub-prime crisis?
- Jumping the Gates: Using beta-overlay strategies to hedge liquidity constraints
- Investor irrationality and closed-end hedge funds
PrimNews - April 2009
- Global hedge fund assets will reach USD 2.6tn by 2013
- Inflows seen ahead for funds of hedge funds
- Top UK fund may invest up to 20 in alternatives
- Hedge fund assets to fall 11 in 2009, study says
- Dutch pension fund increases hedge funds weighting
- Cheyne buys fund of hedge funds AltEdge
- Crosby to shutter fund of hedge funds range
- Man Group to focus on managed accounts
- Archery Capital shuts down operations, returns cash
- Assets, profits fall, but Gottex ups dividend
- Hermes fund of hedge funds arm appoints chairman
- Ramius fund of hedge funds group and Hatteras Capital Investment Management announce Joint Venture
- GAM outflows slow, recovery predicted
- Unigestion plans distressed debt, Green funds of hedge funds
- Sail Vet Teams with Rockhampton on fund of hedge funds
- Seven fund of hedge funds downgraded by S&P
- Peak Partners has announced the forthcoming launch of the Mont Blanc Dynamic Fund
- Segregated accounts "best way for investors to access hedge funds"
- Short-put exposures in hedge fund returns: Are they really there?
PrimNews - March 2009
- Olympia Capital reports hedge fund attrition rate of 28% in 2008
- Terrapinn survey reveals positive investor sentiment
- Hedge fund leverage falls by half
- Funds of hedge funds lose third of assets in 2008
- Fund of hedge funds model sound but liquidity structure concerns remain
- Larch Lane names fund of hedge funds head
- Commerzbank seeks buyer for fund of hedge funds group
- UBP to partially reimburse Madoff victims
- Liongate seeks USD 500mn for commodity fund of hedge funds
- Gottex restructured Market Neutral Plus fund
- London Asset Management unveils alternative asset fund of hedge funds
- Cole Partners plans to open commodity fund to outside investors
- Stockade Asian Trading Strategies launched
- Newedge, Amiri Capital to launch Islamic fund of hedge funds
- Db x-trackers launches first hedge fund ETF
- Hong Kong`s Ajia Partners to launch fund of hedge funds investing in CTAs
- Partners Group to delist fund of hedge funds
- In search of market discipline: the case for indirect hedge fund regulation
- Monitoring daily hedge fund performance when only monthly data is available
- On tournament behaviour in hedge funds: high water marks, managerial horizon, and the backfilling
PrimNews - February 2009
- Fund of hedge funds expected to focus on short term macro calls in post Madoff environment
- Institutional investors keep allocations to hedge funds
- Hedge fund managers poll: Distressed, global macro will do best in 2009
- Redemptions reduce hedge funds to less than USD 1tn
- Hedge funds see lifetime¿ opportunity in 2009
- Biggest fund managers shying away from running external fund of fund businesses
- Mercer hires former fund of hedge funds manager Stephen Williams
- BBVA to shut fund of hedge funds business
- Julius Baers hedge fund assets down 50%
- Blackstone fund of funds chief quits
- Unigestion hedge fund chief quits
- Vontobel Holding AG increased its stake of Harcourt to nearly 100% in December
- N.Y. firm Cozzene preps CTA fund of funds
- Reichmuth to close Madoff-hit fund of hedge funds
- International Asset Management launches IAM Trading Fund
- Corazon Capital taps into super funds through new fund of hedge funds offering
- Areca launches credit focused fund of hedge funds
- Estimating hedge fund leverage
- Do investors really need complex derivative strategies? Evidence from hedge funds
- Style chasing by hedge fund investors
- Hedge funds as investors of last resort?
- Does size matter in the hedge fund industry?
PrimNews - January 2009
- Pension funds unhappy with fund of hedge funds fees
- Hedge funds lose USD 350bn due to poor performance and redemptions
- American Library Association fund considers investing in fund of hedge funds
- United Nations to invest in hedge funds
- Hedge Funds experience worst historical net outflows in 2008
- Fund of hedge fund Ramius names Stuart Davies managing director and CIO
- Olympia names new senior VP
- AlphaMetrix appoints independent administrator
- Man Group to sue over Madoff exposure
- Fund of hedge funds Ivy shakes up top ranks
- Toronto's Diversified Global Asset Management hires Todd Groome
- GAM increases redemption period to quarterly
- Swiss firm Alpinvesta launches managed futures fund of hedge funds
- GFX Alternatives launches multi-manager portfolio
- DekaBank launches sustainable fund of hedge funds
- Matrix plans February launch of two fund of hedge funds
- Aduro Asset Group to launch manager of managers hedge fund
- Culross launches note invested in fund of hedge funds
- Higher moment diversification benefits of hedge fund strategy allocation
- Tracking problems, hedge fund replication and alternative beta
- Capital at Risk - A more consistent and intuitive measure of risk
PrimNews - December 2008
- Lipper TASS Report shows Q3 2008 hedge fund industry losses of USD 170bn
- Pooled fund of hedge funds post negative Q3 results
- Paamco recruits KBC Alpha pan-Asian fund of hedge funds team
- TriAlpha to merge with ACP
- Combining the strengths of Glenwood and MGS to form Man Glenwood Strategies
- Benedict Hentsch terminates partnership with Fairfield Greenwich following Madoff scandal
- AlphaMetrix expect to launch short term traders index early next year
- Hedge fund alphas: Do they reflect managerial skills or mere compensation for liquidity risk bearing?
- Do funds of funds deserve their fees on fees?
- Locking in the profits or putting it all on black? An investigation into the risk-taking behaviour of hedge fund managers
PrimNews - November 2008
- HedgeFund.net reports assets fell 16% in Q3
- HFR reports massive outflows in October
- Citadel closes fund of funds
- Kenmar opens in Singapore
- Alan Miller becomes partner at SilverStreet
- Dow Jones hedge fund indices suspended until further notice
- LaFayette limits hedge fund redemptions
- Gottex suspends redemptions
- Hedge Fund Capital Management to launch credit opportunities fund of hedge funds
- Ermitage to launch distressed fund of hedge funds in Q1 2009
- Hedge funds and financial stability: Regulating prime brokers will mitigate systemic risks
- Portfolio optimization of hedge funds in a downside risk framework
- Recovering delisting returns of hedge funds
- Hedge fund due diligence: A source of alpha in a hedge fund portfolio strategy
- Hedge Funds, Systemic Risk, and the Financial Crisis of 2007-2008
PrimNews - October 2008
- Hedge funds assets off USD 210bn in third quarter
- Fitch increases fund of hedge funds coverage
- Ferro Capital closes Zurich office
- Gottex closes ABL fund of hedge funds due to exposure to Petters Co.
- Fund of distressed hedge funds makes its debut
- Blackpool Capital launched multi-strategy fund of hedge funds
- Van Biema Value Partners launches Asia Value Fund to outside investors
- Star hedge managers launch a closed-end fund of Canadian hedge funds
- GAM is planning a distressed fund
- Swiss-Asia launches multi-strategy fund of hedge funds
- The impact of hedge fund family membership on performance and market share
- Performance measurement of hedge funds portfolios in a downside risk framework
PrimNews - September 2008
- Funds of funds Q2 redemptions up
- Largest hedge fund managers control assets near USD 1.7tn
- Pioneer loses nine professionals
- Russell Investments winds down three of its four fund of hedge funds
- Peak Partners appoints new CIO
- Cogo Wolf Asset Management adds analyst
- Castlestone Management appoints Alexander Traub to open new Singapore office
- GAM launches systematic trading fund of hedge funds
- Parker Global Strategies launching energy infrastructure fund
- Absolute Return Partners launches ABL fund
- Performance of emerging market hedge funds in their geographical focus (Kotkatvuori, Nikkinen, Peltomaki)
- The performance of funds of hedge funds: Do experience and size matter? (Füss, Kaiser, Strittmatter)
PrimNews - August 2008
- Flow of capital into hedge funds continued to slide in Q2
- Rate of European hedge fund launches slowed in H1
- Guggenheim acquires India fund of hedge funds unit
- Ron Insana leaves Insana Capital and CNBC to join SAC Capital as M.D.
- Ed Rogers makes two new hires for the Wolver Hill Japan Fund
- Mitsubishi Asset Brains plan to start a fund of hedge funds
- Unigestion to launch two fund of hedge funds
- Quant specialist Telesis launches offshore feeder for fund of managed accounts
- KGR Capital launches its new Asia Market Neutral Fund
- GAM launches environmental fund of hedge funds
- The distressed corporate debt cycle from a hedge fund investors perspective (P. Chen, J. F. Gonzalez-Heres, S. S. Shin)
- The Geography of Hedge Funds (Melvyn Teo)
- Impact of fund size and fund flows on hedge fund performance (M. Ammann, P. Moerth)
PrimNews - July 2008
- In tough markets, hedge fund managers increase cash, reduce leverage
- New hedge fund launches total record USD 19.5bn
- Investors pull USD 1.1bn from hedge funds
- Ramius fund of funds group names Vikas Kapoor managing director and head of risk management
- Corbin Capital appoints director of consultant relations
- Permal FX fund of hedge funds changes name to Permal Macro Holdings
- Ermitage appoints former Lighthouse man Eichner head of relative value strategies
- FRM hires Au King-lun to head Hong Kong fund of hedge funds business
- Pamplona Capital Management to launch Credit Opportunity Fund
- Wittenham Investment Management launches MENA Plus Fund advised by GFIA
- Olympia Capital Management launches the Olympia Energy Fund
- Former Duke Endowment investment manager Perry co founds Stonehorse
- Harcourt launched Belmont (Lux) ABL Fund
- THL Capital prepares two new fund of hedge funds
- Fund liquidation, self-selection, and look-ahead bias in the hedge fund industry (J. Ter Horst, M. Verbeek )
- L-Performance with an application to hedge funds (C. Gourieroux, J. Jasiak, S. Darolles)
PrimNews - June 2008
- Fund of funds puts focus on Asia
- Hedge funds see USD 5.9bn outflows in April, but CTA assets continue to soar
- FRM opening Hong Kong and Seoul offices in significant expansion of its Asian fund of hedge funds
- Colonial First State¿s David Bell to manage redemptions in fund of hedge funds shut-down
- Infiniti Capital to retain fund of hedge funds manager Iain Hamilton after all
- Antoine Bory becomes CEO of Gutzwiller Fonds Management AG, Basel
- Culross hires new COO
- Blacksquare Capital appoints Richard Sherwin as director and portfolio manager
- Bank Sarasin appoints Harcourt as advisor to its fund of hedge funds platform
- Dr. Guido Bolliger now Co-CIO at Olympia Capital Management
- Former Fitzwilliam Fund managers launch fund of hedge funds
- Morgan Stanley readies distressed fund of hedge funds
- Harcourt launches multi-strategy emerging markets fund of hedge funds
- ARP has launched a credit opportunities fund of funds
- Blacksquare Capital launches commodity fund of hedge funds
- TriAlpha launches global fund of property hedge funds
- Altedge Capital launches distressed and CTA fund of hedge funds
- Castlestone Management to launch new fund of hedge funds
- Ermitage launches Clean Resources fund of hedge funds and opens New York office
- Hedge fund contagion and liquidity (N. M. Boyson, C. W. Stahel, R. M. Stulz)
- Are funds of funds simply multi-strategy managers with extra fees? (G. Reddy, P. Brady, K. Patel)
PrimNews - May 2008
- New capital flows into hedge funds dried up first quarter
- Total hedge fund assets fell 1.4% in Q1 2008 to USD 2.848tn
- Top 100 hedge funds have 75% of industry assets
- WR Capital hires former Merril executive
- Optima Fund Management adds senior level hire to research team
- Infiniti Group staff complete management buyout
- Gideon Nieuwoudt joins Silver Creek Capital Management, will open London offices
- SkyBridge announced strategic relationship with Australia's Challenger Financial Services Group
- Martello Investment Management closes fund of hedge funds
- Credit Suisse hires Quaesta Capital CEO Wiedmann as FX head
- Ermitage rolls out green fund of hedge funds
- Union Bancaire Privee preps distressed fund of hedge funds
- Morgan Creek Capital unveils credit fund of hedge funds
- Thames River unveils multi-asset fund of funds for Potter and Burdett
- Hedge fund forum shopping (D. Cumming, S. Johan)
- 130/30 investing: Just another hype or here to stay? (David Blitz)
- Crisis and hedge fund risk (Billio, Getmansky, Pelizzon)
PrimNews - April 2008
- Global hedge fund assets climb 27%
- Paulson tops another comp survey
- Industry report on hedge funds and commodity trading advisors
- Big-hedge funds assets surge 34%
- Fitch rates funds of hedge funds
- Two investment managers join GAM`s multi-manager team in New York
- Man Group lifts assets to USD 75bn
- Swiss Bank goes 50/50 with Italian fund of hedge funds
- ING IM hires William Bonde as co-head of hedge fund of funds group
- Gottex¿s AUM up 129% to USD 16bn, net profits up 39%
- LGT Capital will acquire KGR Capital
- Former Ivy CIO Geiger launches fund of hedge funds vehicle
- Stenham launches Global Resources Fund
- Kenmar launches global agriculture, soft commodities fund of hedge funds
- BlackSquare lines up commodities fund of hedge funds
- Why does hedge fund alpha decrease over time? Evidence from individual hedge funds (Zhaodong Zhong)
- A portrait of hedge fund investors: Flows, performance and smart money (G. Baquero, M. Verbeek)
- Where do alphas come from?: A new measure of the value of active investment management (Andrew W. Lo)
PrimNews - March 2008
- Fund of hedge funds start to show impact of sub-prime trading
- Funds of hedge funds increasingly correlated with world equities
- Boutiques lead winners at 2007 InvestHedge Awards
- MSS Capital opens doors to start-ups
- Morgan Creek capital¿s AUM hits USD 10bn
- GLG scoops Baring fund of hedge funds mandate from Fauchier
- Gottex enters into advisory agreement with Credito Emiliano¿s alternative asset management arm
- Harcourt¿s AUM increased by 22% to USD 5.5bn in 2007
- Duff Capital Advisors purchases Azimuth intellectual property and takes over as managing member and investment advisor of its funds
- Caliburn to open Singapore office, plans more fund launches in 2008
- Reallocation of portfolio management roles at fund of hedge funds manager Infiniti Capital
- FourWinds makes two senior hires and opens Hong Kong office
- Addax launches Asian ex-Japan fund of hedge funds
- Hedge fund firm readies environmental fund of funds
- Mezzacappa Management launches emerging markets fund of funds
- Axa launches Asian fund of hedge funds
- Geneva firm launches multi-asset fund of hedge funds
- Eddington launches global macro fund of hedge funds, prepares equity fund of hedge funds
- Investing in talents: Manager characteristics and hedge fund performances (H. Li, R. Zhao, X. Zhang)
- Do hedge funds profit from mutual-fund distress? (J. Chen, S. Hanson, H. G. Hong, J.C. Stein)
- Do sophisticated investors believe in the law of small numbers? (G. Baquero, M. Verbeek)
PrimNews - February 2008
- Hedge fund launches raised USD 31.5bn in 2007, multi-strategy funds raised most
- Largest fund of hedge funds hit USD 1tn
- Watson Wyatt Survey: Institutional investors to increase absolute return investments over next decade, think that alpha is in short supply
- Gottex assets more than doubled in 2007
- Man Investments opens a new office in Singapore to be headed by Tim Peach
- Perruccio quits Olympia Capital
- Infiniti Capital appoints new head of qualitative research
- Ex-Blackstone executive to launch fund of hedge funds
- Agnelli family become a significant shareholder in Vision
- Caliburn Capital Partners announces appointment of new partners
- SkyBridge Capital launches emerging manager hedge fund
- Harcourt, Scandinavian insurers to launch global fund of hedge funds
- 3A launches new fund of hedge funds
- Sail Advisors launches asian fund of hedge funds
- Trading specialist Martello launches resources fund of hedge funds
- WR Capital launches multi-strategy fund of hedge funds
- Liongate offers levered multi-strategy fund
- Are fund of funds simply multi-strategy managers with extra fees? (Reddy, Brady, Patel)
- The life cycle of hedge funds (Dieter G. Kaiser)
- How many fund managers does a fund of funds need? ( Kartik Patel)
- Estimating operational risk for hedge funds (Brown, Goetzmann, Liang, Schwarz)
PrimNews - January 2008
- Investors allocate USD 30.4bn into hedge funds in the fourth quarter, total inflows for the year top USD 194bn
- Hedge fund launches slowed in 2007 for third year in row: 863 new funds, but also less liquidations (408 funds)
- TASS asset flows report Q3 2007
- Uwe Eberle new Man Investments USA CEO
- Philip Halpern tapped as Chief Investment Officer of Cole Partners Asset Management
- Permal hires two for US Biz
- Infiniti Capital appoints Ian Shearer as Chief Executive Officer for the Infiniti Group
- Gottex hires ex-Merrill CIO
- Asset Alliance in reverse merger with Tailwind Financial
- London fund of hedge funds AltEdge Capital Management opens Geneva office
- Magnum launches China and India dedicated fund of hedge funds
- New fund of hedge fund opens in Hong Kong
- New asset-based lending dedicated fund of hedge fund launched
- FRM sets up vehicle for fund seed capital
- Swiss fund of hedge funds launches asset-based offering
- Adept Capital early stage fund of hedge funds launched on 1st January 2008
- Is managed futures an asset class? (Frankfurter/Accomazzo)
- Synthetic CDO equity: Short or long correlation risk? (Jarrow/van Deventer)
- Do hedge funds arbitrage market anomalies? (Lawson/Peterson)
- Optimisation of a fund of hedge funds portfolio using price maximisation of basket options (Chatterjee)
PrimNews - December 2007
- Hedge fund assets hit USD 2.68tn in third quarter
- Swiss frankly high on hedge funds
- Half of european institutions are `convinced non-investors` in hedge funds
- Hedge fund assets jump 13% in six months, fund of hedge funds up 19%
- Hedge fund investors looking for customized approach
- Hedge funds experiencing back office staffing shortages
- Key Asset Management to be acquired by SEB
- La Fayette seeks to expand faster with offices in Geneva and New York
- Dexion Absolute share offer makes it world`s largest listed fund of hedge funds
- Vaughan-Smith sets Q1 launch for maiden fund of hedge funds
- JANA offers new fund of funds at lower cost
- 130/30 funds: what is behind the commercial offensive? (Walter Gehin)
- Are pipes a bet on growth options? (Ellis Twite)
- An alternative approach to alternative beta (Roncalli and Teiletche)
PrimNews - November 2007
- Top 50 fund of hedge funds
- Investors allocate over USD 45bn to hedge funds in Q3 despite volatility
- Smallest hedge funds perform best
- Alternatives firm gets private equity investment
- Australian fund manager HFA to finally buy Lighthouse Partners
- Octane Holding Ltd. shuffles management positions
- Wamberg clears way for banks to invest cash into alternatives
- Permal to exploit modern Silk Road in new fund of hedge funds
- Sirius to launch USD 300mn mining fund of hedge funds
- Dutch fund of hedge funds shop launched multi-strategy vehicle
- New York firm launches multi-strategy fund focused on Latin America
- Pamplona launched a real estate and infrastructure fund of hedge funds
- Harcourt launches the Belair Sustainable Alternatives SRI Fund
- Incentives and risk taking in hedge funds (Kouwenberg, Ziemba)
- The Amaranth debacle: What really happened (Chincarini)
- A new paradigm in quantitative investing (Sogoloff)
PrimNews - October 2007
- Global hedge fund assets up 19% in H1 to USD 2.48tn
- Funds of hedge funds see opportunities in special situations, fixed income, global macro
- Gottex Fund Management says plans Swiss IPO, wins UK pension mandate
- Fund of hedge funds NewMarket sells stake to fixed income shop
- Dr. Franceso Mainolfi has left the Richcourt Group
- HSBC fund of hedge funds unit has new head
- Morgan Creek fund of hedge funds opens Beijing office on global expansion
- Integrated Asset purchases majority of Altigefi to expand in France
- Abbey Capital launches Abbey Capital Macro Fund
- Geneva Partners launched Global Activist Fund
- Do hedge fund managers misreport returns? (Pool and Bollen)
- Hedge Funds: Ability persistence and style bias (Navone, Belleri)
- Hedge Fund Due Diligence: A source of alpha in a hedge fund portfolio strategy (Brown, Fraser, Liang)
PrimNews - September 2007
- 56% of fund of hedge funds assets come from institutional investors
- Pooled fund of hedge funds post third consecutive quarter of growth
- Big hedge funds inflows soar 23% to 1.45tn
- Fund of hedge funds to blame?
- Hedge fund units become `must have` for asset managers (McKinsey)
- Cadogan hires John Trammel as new president
- Crosby capital partners takes over Forsyth funds and team
- RMF launches first environmental fund of hedge funds
- Geronimo closing absolute return funds
- MayerCap prepares levered direct-lending fund of hedge funds
- Automatic for the people? Hedge funds, traditional and clones (Treussard)
- Hedge funds, financial intermediation, and systemic risk (Kambouh, Stiroh)
- A learning-based replicator of hedge fund indices (Pan, Tang)
- Brain Drain: Are mutual funds losing their best minds? (Kostovetsky)
PrimNews - August 2007
- Hedge funds collect USD 58.7bn in new flows in Q2
- Hedge fund assets reach an estimated USD 2.5tn in Q2 2007
- S&P backs funds of hedge funds
- Falling HFA share price to delay Lighthouse merger
- Rock Creek Group announces strategic investment in Halogen Partners
- Silver Creek hires Prince
- RMF CEO retiring
- FRM implements new management structure
- Ermitage launches long short fund of funds
- Deutsche offers portable alpha to the U.S. retail market
- JPMorgan launches emerging market fund of funds with Redi & Partners
- Downside risk analysis applied to the hedge funds universe (Josep Perello)
- Dynamic risk exposure in hedge funds (Billio, Getmansky, Pelizzon)
PrimNews - July 2007
- Hedge fund assets said to stand at USD 3.5 trillion as previous numbers exclude self-administered funds
- Institutional investors still head for hedge funds
- U.S. to lose large slice of hedge fund pie
- BlackRock to buy Quellos unit for up to USD 1700 million
- Cantor Fitzgerald launches fund of hedge funds unit
- 2100 Capital Group forms new unit called 2100 Xenon
- Ron Panzier named Chief Executive Officer of MayerCap
- FIM Advisers expands investment and research teams
- AltEdge Capital launches new decorrelated fund of hedge funds
- SPARX Group debuts China fund of hedge funds
- UBP launches event driven and non-directional fund of hedge funds
- Compensation option, managerial incentives and risk-taking in hedge funds
- Assessing the performance of the hedge funds market: An application to the Italian hedge funds industry (Cipollini, Bramante Manzini)
PrimNews - June 2007
- UK academic scheme puts USD 200mn into Partners Group Alternative Beta Strategies
- Institutional investors set to invest USD 85bn into hedge funds and fund of hedge funds, pension plans fastest growing, prefer fund of funds, more investors from Europe/Asia
- Stenham Asset Management passes the USD 2bn AUM
- Peter Fanconi appointed as new CEO of Harcourt
- NewFinance Capital opens research office in Hong Kong
- Nevastar launches new fund
- Austria¿s Erste Bank launches Asia focused fund of hedge funds
- Abria shuts down fund
- Asset Alliance offers Barclay-based CTA fund of funds
- KGR introduces China fund of hedge funds
- Hedge Funds as Shareholder Activists from 1994-2005 (Boyson, Mooradian)
- Investing in Talents: Manager Characteristics and Hedge Fund Performances
- Can Hedge-Fund Returns Be Replicated?: The Linear Case (Hasanhodzic, Lo)
PrimNews - May 2007
- HedgeFund.net survey of hedge fund administrators estimates total hedge fund industry at USD 2.401 trillion, 13,000 funds, Citco tops administrator rankings
- UBS appoints hedge fund CIO for USD 38bn unit
- Globefin hires Andrew Hoffman
- Muirfield hires Chu
- Tremont hires Santero as COO
- Sparx hires Steve Seneque as CIO
- VCM FM & Robeco form London emerging hedge fund platform
- Marten Nederlof rejoins Deutsche Bank
- Chung Hour Khov joins Infiniti as portfolio manager
- Addax launches dedicated China fund of hedge funds
- Multi strategy funds outperform fund of hedge funds on a risk-adjusted basis (Agarwal)
- Where do Alphas come from?: A new measure of the value of active investment management (Andrew Lo)
PrimNews - April 2007
- Global hedge fund assets top USD 2 trillion
- Cash floods hedge fund industry in first quarter
- 50 largest US public funds have invested 2% of assets in hedge funds
- 1,518 new funds introduced in 2006, 717 liquidated
- K2 announces strategic investment by TA Associates
- AGF Alternative Asset Management and Allianz Hedge Fund Partners to join forces
- Cedar Partners close to being acquired to Erste Bank
- Integrated Asset Management appoints CIO
- Illinois State Board hires EnTrust
- Octane appoints Culross
- Citadel adds fund of hedge funds
- Sagres launches dedicated China vehicle
- Parker Global launches energy fund of hedge funds
- Kenmar to launching Kenmar Global ECO Fund, an environmentally friendly, sustainable fund of hedge funds
- Vision plans listed vehicle
- Value at risk and the cross-section of hedge fund returns (Bali, Gokcan & Liang)
- Pertrac 10 year-study confirms widely held belief that emerging hedge funds perform better than older (17.5% vs. 11.84%) and larger (15.46% vs. 11.93%) funds
PrimNews - March 2007
- Hennessee estimates hedge fund industry assets increased $215bln in 2006 to $1.442 trillion
- Institutions hire more direct hedge fund managers
- Hedge fund assets reach $1.89 trillion
- CalPERS picks 3 fund of funds to create $350m absolute-return funds
- Man Group appoints new CFO
- Vision and Penjing settle battle
- HSBC launches activist fund of hedge funds
- BlueStar rolls out new fund
- How Smart are the Smart Guys? A Unique View from Hedge Fund Stock Holdings
- Risk Management for Hedge Funds With Position Information (Jorion)
- Capacity Constraints and Hedge Fund Strategy Returns (Naik, Stromqvist)
- Hedge Fund Indices: Reconciling Investability and Representativity (Goltz)
PrimNews - February 2007
- Funds of hedge funds see stellar growth in 2006
- Trends in funds of hedge funds
- Fund of Hedge Funds perform swimmingly in pooled pension funds
- London is choice location for listing funds of hedge funds
- Hedge fund replication: EDHEC study recommends caution
- Portable Alpha pays for PennSERS
- Switzerland¿s SYZ expands in Asia with acquisition of Hong Kong based Oria Capital
- BCV and Gottex Fund Management partner in alternative investment solutions
- AXA Investment Managers appoints new Head of Hedge Fund Activities
- Ivy Asset Management names Peter D. Noris Chief Investment Officer
- Launch of hedge fund advisory company
- Silver Creek hires Bloom
- New India fund of funds launched
- Exploring Value in Hedge Fund Lock Ups: A Sector View (Kuchta)
- A Comparison of Alternative Approaches for Determining the Downside Risk of Hedge Fund Strategies (Giamouridis, Ntoula)
PrimNews - January 2007
- Hedge funds attract record inflows in 2006
- Fund of funds managers fear new correction
- US hedges to be hit with first net outflows ever
- Richest Americans reduce exposure to hedge funds
- UBP appoints Head of Alternative Investment Research for Europe and Asia
- South West Capital Partners team joins Gottex
- EFG International to buy PRS Group for undisclosed sum
- Proctor Acquires Minority Stake in Circle T Explorer
- Castlestone appoints new CEO
- Collingham hires new portfolio manager
- Hedge fund of funds created by Old Mutual
- Stillwater Capital Makes Ripples With New Offshore ABS Fund
- Parker Global launches investable Forex Index
- The Geography of Hedge Funds (Melvyn Teo)
- Conditional Performance of Hedge Funds: Evidence from Daily Returns (Li, Kazemi)
PrimNews - December 2006
- Hedge Funds grew 21%, 8900 funds now
- Top US Endowments Put USD 40bn in Hedge Funds, up to 51.7% allocations
- Global HNWI allocation to alternatives doubled to 20%
- McCabe leaves FRM Hedge Group
- Dolan resurfaces at La Fayette
- Tremont establishes Asia presence
- Robeco names Michael Abbott CEO of Robeco-Sage
- Ivy names new Global Investment Chief as Adam Geiger leaves
- Permal assets swell USD 10bn this year to USD 27bn
- Horizon21 acquires Noble Investments to access Asia
- New Star raises USD 150mn
- Proxima announces first FoHF parameters
- Commerzbank¿s Comas opens internal FoHF to outside investors
- Plenum has launched Asian fund of funds
- Modula Capital Advisers prepare high volatility Fund of Hedge Funds
- Pentium to launch USD 1bn Fund of Hedge Funds
- Asymmetric Returns: The Future of Active Asset Management (Ineichen)
- The Challenge of Hedge Fund Performance Measurement (Gehin )
- A Law and Finance Analysis of Hedge Funds (Cumming, Que)
PrimNews - November 2006
- Hedge Fund Assets Up to USD 1.34tn, Inflow USD 44.5bn in Q3
- Man Investments Unseats UBS as Largest FoHF
- CalPERS Moves into Direction of Direct Hedge Fund Allocation
- Fortis Moves In on Cadogan
- Aberdeen Appoints Head for Expanded Absolute Return Business
- AltEdge Capital Hires New London Head of Business Development
- Credit Suisse Hires New Head of Risk Management
- K2 Gets New Managing Director, Head of International Group from Citigroup Japan
- Head of Lehman Brothers¿ Global Absolute Return Strategies Business to Leave
- Eden Rock Bolsters Investment Team
- Former Bank of Ireland head re-emerges at $4bn UK fund of hedge funds
- Gideon Berger to Head Blackstone Alternative Asset Management¿s London Office
- Optimal Lands Risk Expert Soosaipillai
- Morgan Stanley Markets New Specialized FoHF
- First FoHF Launched Allocating to Women-Managed Hedge Funds
- Alterama Offers Futures Fund of Funds
- Signet to Launch Hedge Fund of Funds
- AlphaSwiss Group with New Specialized FoHF Focused on Structured Finance
- Finland's eQ Bank to Launch Revamped FoHF
- New FoHF to Target Emerging Managers
- The A,B,Cs of Hedge Funds: Alphas, Betas and Costs (Chen, Ibbotson)
- Alternative Routes to Hedge Fund Return Replication (Kat)
- Performance Measure to evaluate Hedge Funds Eling, Schuhmacher
PrimNews - October 2006
- Europe's Hedge Fund Assets Top USD 400bn
- Alaska Pension Board Adopts Allocation to Hedge Fund
- London IPOs Work Extremely Well, Assets Double Since January to Over USD 5bn
- CalSTRS Plans 3% Increase in Alternatives Allocation
- More HF Assets to Come From Institutions
- Former RMF Team Creates FoHF
- Eldon Mayer Named Chief Investment Officer of MayerCap
- AIG Global Investment Hires MD for Alternative Investments Europe
- Greek Group to Buy 30% Stake in ARIS, Jason Papastavrou`s FoHF
- Olympia Capital Management Continues to Reinforce Research Team
- Harcourt has Launched Belmont Asset Based Lending Fund
- New Japan Fund of Funds Rolls Out
- RMF Completes Collateralised Fund Obligation for Fund of Hedge Funds
- Armajaro to Launch Market Neutral FoHF as a Pure Portable Alpha Fund
- Pamplona Capital Management Launches Emerging Market Fund of Hedge Funds
- Cazenove Launches FoHF via IPO
- Thomas H. Lee Plans USD 400mn London IPO for New FoHF
- Funds of Hedge Funds Protect Capital and Outperform (ABN Amro)
- Hedge Fund Indices for Retail Investors: UCITS Eligible or Not Eligible? (Lhabitant)
- Comparison of Alternative Approaches (Giamouridis/Ntoula)
- Hedge Fund Risk Dynamics: Implications for Performance Appraisal (Bollen/Whaley)
- Conditional Return Smoothing in the Hedge Fund Industry (Bollen/Pool)
PrimNews - September 2006
- Fund of Hedge Funds Industry Grows 16% in Six Months
- Barclay Group Acquires AAC Database, to Create World`s Largest Hedge Fund Database
- 218 Hedge Funds Manage USD 984bn
- HedgePole Offers Middle Office Solutions and Price Collection Services for FoHF
- Mesirow Advanced Strategies Names Chairman, CEO, CIO
- Swiss Listed Partners Group Profits, Assets Jump
- Olympia Takes Remaining Stake in Dawnay Day Olympia
- Stephan Fritz Joins Harcourt Investment Consulting
- Man Group Names Clarke Chief, Fink as Deputy Chairman
- Finnish FoHF Abacus Sees Major Asset Inflow
- Crédit Agricole Structured Asset Management Acquiers Ursa Capital
- Man's New Fund of Funds Product
- Cowen's Bostwick Bails, to Launch Fund of Funds
- UBP Deactivates Dinvest Technology Fund
- Cadogan to Offer New Product
- FIM Advisers Launches Leveraged Version of Long Running Low Volatility FoF
- FRM Kick Starts Credit Fund of Hedge Fund
- Optimal Portfolio Allocation Using Funds of Hedge Funds (Gueyie)
- How Hedge Funds Beat the Market (French, Ko)
- Volatility Exposure of CTA Programs (Malek, Dobrovolsky)
- Can Hedge-Fund Returns Be Replicated? (Hasanhodzic, Lo)
- Gap Filling, Hedge Funds, and Financial Innovation (Thomas, Partnoy)
PrimNews - August 2006
- European Hedge Fund assets to hit USD 390bn by end of 2006
- Q2 inflows strong
- European Hedge Funds reach record levels in H1 2006
- 20bn Euro Opportunity for Spain`s Onshore Funds
- New Mexico Fund makes three hedge fund hires, overall allocation now USD 1.3bn
- ABP Spins off New York Hedge Fund Team
- FRM Hires new America CEO
- Harcourt AUM Raise 29% to USD 4bn in H1
- Investcorp AUM Break USD 10bn, Profit up 18.6% to USD 131m
- Penjing Grows to USD 200mn in 15 Months from Launch
- Deutsche Real Estate Chief to Head Alternatives
- Torrey Creates Role for Asia Hedge Funds Research
- Cadogan Expands Management Team
- EIM`s van Hoof Joins Investec as Board Member
- Sagard buys into Olympia
- JPMorgan Alumni Launch Emerging Markets Fund of Hedge Funds
- Cue Ball Launches Multi-Strategy Fund of Hedge Funds
- Goldman Fund of Hedge Funds Heads for Listing
- LODH launched Latin America Equity L/S Fund of Hedge Funds
- Fieldcrest Capital Launches New Fund of Hedge Funds
- Hedge Funds Diversify, Reduce Risk, and Add Alpha Even When Corrected for Survivorship and Backfill Biases (Chen)
- Inefficiencies of Portable Alpha Models (Murphy)
- Performance Measurement for Hedge Funds with Neural Network (Baghai, Klocker)
PrimNews - July 2006
- Hedge funds attract most new money in years
- Mediocre hedge funds dampen market
- Morningstar to acquire Altvest database for $10m
- Janie Chen joins TriAlpha
- Ermitage attracts former FRM specialist to head Portfolio Construction & Risk
- Harmony hires new risk manager
- Infiniti promotes Johnson to CIO
- Commerzbank and CML end advisory agreement
- S&P to suspend publication of managed account-based S&P hedge fund index
- CMA Global's IPO may raise $400 million
- Cue Ball Group launches fund targeting early to mid-stage managers
- Convergence and Divergence: Blurring the Lines between Hedge Funds and Private Equity Funds (Bevilaqua)
- Hedge Funds: Performance, Risk and Capital Formation (Fung, Hsieh, Naik)
- Performance of hedge fund strategies and the asymmetry of distributions (Shawky, Ding)
PrimNews - June 2006
- Hedge funds have improved risk practices (Mercer Oliver Wyman)
- PAAMCO hires Jorion
- Guggenheim hires European research director
- Arundel announces strategic alliance and change of name
- OPM hires new people
- Mosaique closes down
- Man Investments named European asset management firm of the decade
- Mellon launches new fund to tap "credit markets rich in opportunities¿
- Who Shorts? Convertible Bond Arbitrage, Liquidity and Stock Prices? (Choi, Gemansky)
- General Motors U.S. Pension Funds (Viceira, Tung)
PrimNews - May 2006
- Q1 asset flow report shows net inflows for hedge fund assets up 3.18%
- Survey finds number of single hedge funds raise to 11,645
- Alternatives still top with wealthy of minimum 50mn USD of assets
- Matteo Dante Perruccio joins Olympia Group as Co-CEO
- Torrey hires risk manager from Credit Suisse
- Julius Wang joins Vision from Ritchie Capital
- Richard Berger joins Pioneer
- Integrated Asset Mgmt buys controlling stake in hedge fund Attica
- Fund Advisors hires new people
- Finnish Celeres Fund Management has launched Celeres Summa
- Optimal Hedge Fund Allocation with Asymmetric Preferences and Distributions
- Risk Measures for Hedge Funds: A Cross-Sectional Approach (Liang, Park)
- Characteristics of the hedge fund industry in Japan (Sanderson)
PrimNews - April 2006
- Global hedge fund assets surge to USD1.5 trillion
- Starting a hedge fund gets harder
- Close Asset Management acquires Fortune
- Caledonia invests in Liberty Ermitage
- Ed Robertiello joins Credit Suisse
- Tremont appoints director of manager research
- Eden Rock appoints new CIO
- Pullaro joins Blackstone from UBS
- La Fayette launches Asian Fund
- Man Group raises over USD 2.3bn with latest launch
- On the Decision to Regulate Hedge Funds: The SEC's Regulatory Philosophy, Style, and Mission (Paredes)
PrimNews - March 2006
- 10% of large UK schemes now in hedge funds
- Top 50 hedge funds control 40% of the market
- Fauchier appoints new CEO
- Glenwood adds new head of manager selection
- Ex Ivy managing director joins Arden
- Attalus hires new people
- Infiniti Group appoints new co-head of capital markets division
- Stenham launches new fund of hedge funds
- RBC launches investable hedge fund index
- Regulation of hedge funds (Spindler, Bednarz)
- Managerial characteristics and hedge fund performance (Maxam, Nikbakht, Petrova)
PrimNews - February 2006
- Asset in funds of hedge funds continue to grow
- Hedge Fund inflows slow down in 2005
- Fund of hedge funds lose assets for the second consecutive quarter
- Partners Group prepares IPO
- Philadelphia Employees add funds of hedge funds
- New Jersey pumps 500mn USD into funds of hedge funds
- BlackRock and Merrill Lynch combine investment management business
- Schroders buys NewFinance Capital
- Swiss private bank EFG buys CMA
- Paamco strengthens London office
- PwC manager joins Corbin Capital Partners
- Arden hit with executives exodus
- Richcourt hires director of manager research
- Alexandre Rampa joins 3A¿s research and investment team
- Buyout maverick to open fund of hedge funds
- Permal launches India fund of hedge funds
- Superstars or average Joes? (Kat, Palaro)
PrimNews - January 2006
- Strategic Financial Solutions releases 2005 hedge fund database study
- ABN Amro acquires IAM
- Olympia Capital hires new head of risk management
- Landmark makes two new additions
- John Godden leaves HFR
- Ivy announces changes
- Arden hires risk expert
- Harcourt Partners becomes Peak Partners
- Belstar out to zap funds of hedge funds
- Replication and Evaluation of Fund of Hedge Funds Returns (Kat, Palaro)
- Hedge fund: risk and return (Malkiel, Saha)
- Impact of fund size on hedge fund performance (Moerth, Ammann)
PrimNews - December 2005
- 20% of UK schemes invest in hedge funds
- Funds of hedge funds see low alpha ahead
- Edhec study compares funds of hedge funds to mutual funds
- Bank Vontobel acquires stake in Harcourt from NIB
- Strathmore Capital adds 2 analysts
- FRM appoints George Jamgochian as head of marketing and client services
- Bank of Ireland buys US fund of hedge funds firm
- Cadogan announces new hires
- PdMV Capital launches new fund of hedge funds
- Diversification and persistence in hedge funds (French, Ko, Abuaf)
- Autocorrelation and Fat Tails - Are Hedge Funds Really Attractive Investments? (Eling)
PrimNews - November 2005
- Inflows Rise for Third Quarter
- Fund of hedge funds get the nod from van Eyk
- Old Mutual buys big stake in Larch Lane Advsiors
- Muirhead buys Van
- Allan to become president of Tremont and hires Matwey
- Maxam to recruit two more from Tremont
- Peregrine and Investment Solutions start Caveo
- Vision Asia Maximus announces December closure
- HFR and Oria launch product
- Liberty Ermitage renames fund
- Hedge Fund Performance and Persistence in Bull and Bear Markets (Hubner, Capocci)
- Hedge Funds and their Implications for Financial Stability (Dierick, Garbaravicius)
- Market Price of Variance Risk and Performance of Hedge Funds (Bondarenko)
PrimNews - October 2005
- Hedge fund assets swell 30% in a year
- Assets pulled from fund of hedge funds
- European schemes shun hedge funds
- Restrict access to hedge funds, eliminate FoFs: David Swensen¿s suggestions draw ire
- Ibbotson leader joins Azimuth Trust
- Fortis forges multi-manager arm for international push
- Pilarski to leave Dow Jones Indices
- PRS Group adds investment professional
- Andre du Plessis joins Watson Wyatt Investment Consulting
- Bucephale strengthens team
- Arden lands Ex-Deutsche ARS executive
- Clade launches the South African investable Hedge Fund Index
- Pro-Hedge launches new multi-manager energy fund
- SGAM to open hedge fund range in U.K.
- HFR and Barclays Capital to launch dedicated Emerging Managers platform
- Factor Modelling and Benchmarking of Hedge Funds: Are Passive Investments in Hedge Funds Possible? (L. Jaeger)
- The Benefits of Hedge Funds in Asset Liability Management (Martellini, Ziemann)
PrimNews - September 2005
- Russell Survey: Investing in alternatives to surge worldwide
- Funds of hedge funds expect best returns from Japan
- Bank of New York creates data warehouse for funds of hedge funds
- SPARX and IXIS team up for Asian hedge fund platform
- Credit Suisse merges hedge fund businesses
- Man replaces asset management chief
- Ivy asset management boosts investment staff in London
- Berger to start new fund of hedge funds after shuttering old firm
- Honniball leaves Man Global Strategies to join Alphatraxx in Hong Kong
- Barbara Rupf Bee to be named CEO of HSBC Republic Investments
- Barclays names new hedge fund research head
- Pacific World launches Asian fund of hedge funds
- Hardt Group launches Incubator Participation Fund
- Quantitative Topics in Hedge Fund Investing (French, Liew)
PrimNews - August 2005
- Hedge Funds See $10.9 Billion in New Flows in Q2
- Q2 inflows into hedge funds fall
- Hedge fund assets slide 2% in Q2, managed futures assets increase
- Hedge fund demand and capacity will continue to grow
- Fund of hedge funds clients of Riskdata have seen their assets grow
- Brownstone will merge into Fairfield Greenwich Group
- Massachusetts pension fund adds money to funds of hedge funds
- Illinois State Board of Investment allocates to fund of funds
- Former Deutsche executive to head Citigroup hedge fund operations
- Lombard Odier managing director joins GAM
- KGR Capital to launch new ¿dynamic¿ Asian fund of funds
- Russell targets retail investors for the first time
- Hedge Funds: Performance, Risk and Capital Formation (Fung, Hsieh, Naik, Ramadorai)
- Building a Better Fund of Hedge Funds: A Fractal and Alpha-Stable Distribution Approach (Olszewski)
PrimNews - July 2005
- Legg Mason to acquire Permal
- HFR to offer direct investments into hedge funds
- Pension funds continue move into alternatives
- Cogency launches solution for funds of hedge funds
- The Barclay Group and MARHedge announce database distribution agreement
- New Mexico firms up funds of hedge funds allocation
- Eddington appoints new non-executive director
- Efficient Capital launches FX fund of hedge funds
- HSBC launches its first French fund of hedge funds
- Abria readies new products
- Hedge Funds; a catalyst reshaping global investment (KPMG)
PrimNews - June 2005
- Tremont Research shows $24.6bln in net flows for Q1, new funds attract assets
- Comada launches web-based solution for fund of funds managers
- Foundations heavyweights form Anchor Point Capital
- Andrew Sinclair to head Alphatraxx
- UBP adds two senior professionals in New York
- Former SMC Director launches his own fund of hedge funds
- Porter leaves Aurum Funds for Alliance International
- Former Goldman Sachs Executive Joins CDK Group
- Harcourt strengthens strategic relationship with MSS Capital
- Singapore¿s Fullerton launches Asian fund of hedge funds
- Lombard Odier Darier Hentsch distributes five new alternative funds in Switzerland
- Aurum launches natural resources fund of hedge funds
- Arena launches two offshore funds of hedge funds
- Sources of Hedge Fund Returns: Alphas, Betas, and Costs (Ibbotson, Chen)
- Hedge Fund Returns: you can make them yourself (Kat, Palaro)
PrimNews - May 2005
- Fund of hedge funds assets rose 5% according to Barclays during the first quarter
- Calpers to invest in Asian hedge funds
- Sainsbury¿s scheme doubles hedge fund allocation
- HFR: New fund flows of $27 billion in Q1 bring total hedge fund assets to $1.006 billion
- New hires at Silver Creek
- Morgan Creek teams up with Julian Robertson
- AXA hires Veronique Courlier
- Optima Fund Management hires co-head of risk management
- Lanaras joins CMA from HSBC
- Citigroup and PAAMCO launch FoHF service for HNWIs
- First German fund of hedge funds on the MSCI Hedge Invest Index
- Systemic Risk and Hedge Funds (Chan, Getmansky, Haas, Lo)
- Funds of Hedge Funds versus Portfolios of Hedge Funds (Capocci, Nevolo)
PrimNews - April 2005
- Popularity of multi-strategy hedge funds on the increase
- Hedge fund assets growth has peaked, but will remain strong
- Hedge funds' institutional potential leans on funds of hedge funds
- Pension funds may pump $250 billion into hedge funds by 2008
- Swiss schemes `invest more in alternatives¿
- Old Mutual Asset Management establishes 2100 Capital
- Robinson to leave Attica
- Olympia Capital's head of alternative investments to leave firm
- Coronation Fund Managers appoints new CEO
- Mark White joins the board at KGR Capital
- New Finance Capital launches Opus Credit Fund
- HFR launches product to short hedge fund index
- The critique of pure alpha (Alexander Ineichen, UBS)
- Time-varying exposures and leverage in hedge funds (BIS)
- Funds of Hedge Funds or Investible Hedge Funds Indices: Which is the Best Investment Tool? (Daniel & David Capocci)
PrimNews - March 2005
- Edhec seeks higher standard of reporting
- GBP 5bn pension fund to start investing through fund of hedge funds
- Reuters subsidiary to acquire HedgeWorld and TASS Research
- US institutions opt for international equities and alternative investment
- Railpen appoints hedge fund managers
- FRM hires new US CEO
- Carlyle to set up hedge fund, fund of funds
- Key Asset Management hires Marketing Chief
- Aspen closes registered fund of hedge funds
- GAM reopens Multi-Arbitrage to investors
- Fischer & Co launches Special Opportunity fund of hedge funds
- Endurance launches multi-strategy fund of hedge funds
- Dominating Fund of Funds with simple Hedge Fund Strategies
- Building a risk measurement framework for fund of hedge funds (Jones, Goodworth)
PrimNews - February 2005
- Top fund of hedge funds grow to $541bn, controlling half the hedge fund industry
- Hedge Funds ends 2004 with nearly 1 trillion in assets
- Tremont Research: Hedge funds add $16.3bn in Q4 2004, lowest of record year
- College endowments increase hedge fund allocations
- Goldman gives up CIO role at Pioneer, Nurick leaves immediately
- Aetos Capital and AEA to link up to create $7bn firm
- Laurent Chevallier new Chief Investment Officer at Bucephale
- Launch of commodity fund of hedge funds
- New insurance-linked fund of funds from AIG Private Bank
- Gottex to soft close its flagship fund, the Gottex Market Neutral Fund
PrimNews - January 2005
- Top Endowments emphasize real estate and energy, not hedge funds
- Tremont studying products with longer lock-ups
- Ohio Public Employees Retirement System will invest in hedge funds for the first time
- ABP Invests $5 Billion in Hedge Funds
- Glenwood expands investment team
- Ex-Lombard chief joins Banque Syz
- Key Asset Management appoints two senior non-executives
- Man Investments sells part of Westport
- Merrill Lynch launches registered fund
- SciVest launches retail fund of hedge funds
- Man Group launches new fund of hedge funds
- T&D Asset Management launches fund for Japanese institutions
- "Hedge Fund Alpha" is a Hypothesis Worth Testing (Ron Surz)
- Measuring loss potential of hedge fund strategies (Lopez de Prado, Peijan)
PrimNews - December 2004
- European institutions continue to move into alternative investments
- Texas Universities add to hedge fund allocations
- Hedge funds pumped US$84bn into Japanese markets since December 2003
- Deutsche Manager favours commodities for return, hedge funds to cut risk
- Dorset County Pension Fund names new hedge fund manager
- Singapore lifts suspension of CSA Funds
- Plus Fund¿s CEO resigns
- Wharton Asset Management launches first fund of hedge funds
- Investcorp launches fund of hedge funds for Middle East
- Deutsche Bank launches fund of hedge funds
- Oria launches Asia product
- Bush campaign adviser to launch fund of hedge funds
- Hedge Fund Indices from an Academic Perspective: Reconciling Investability and Representativity (Martellini, Vaissie, Goltz)
- Fees on Fees in Funds of Funds (Brown, Goetzmann, Liang)
PrimNews - November 2004
- Hedge funds inflows regain momentum in Q3 according to HFR
- TASS Research shows hedge fund flows surpass USD 100bln for 2004
- Heineken hedge move
- Fund of hedge funds may see USD 3bn influx from Japan
- Art Institute paints a smaller picture for hedge funds in investment landscape
- CalPERS considers doubling hedge fund bet
- Skandia appoints Liberty Ermitage for USD 100 million account
- Hamilton Lane acquires Richcourt
- Merger creates larger fund of funds business for BNP and Fauchier
- Harris Alternatives Stellar Partners to be renamed Aurora Global Opportunities
- Discovery Capital launches liquidity fund of hedge funds
- Investable Hedge Fund Indices: An Assessment and Review (Jacobson)
PrimNews - October 2004
- Fund of hedge funds show accelerated growth
- Dorset allocates 5% of its portfolio to hedge funds
- Treflie Absolute, Aspen Grove to Merge
- Cornerstone Joins Forces with Hamersley Partners
- Kenmar acquires funds from Prudential Securities
- Rock Creek appointed by Massachusetts State Pension Fund
- Key Asset Management hires new CIO
- CMA wins mandate from Macquarie Bank
- CSFB/Tremont Introduces Investable Sector Indexes
- HSBC launches leveraged funds
- Fund of hedge funds for Islamic investors
- Taking a close look at the European fund of hedge funds industry - Comparing and contrasting industry best practices and academic recommendations (EDHEC)
- How to Price Hedge Funds: From Two- to Four-Moment CAPM (Ranaldo, Favre )
PrimNews - September 2004
- BIS observes substantial increase in hedge fund borrowing and leverage
- InvestHedge survey: Fund of funds assets surge by 27% in first half
- Defined benefit plans seeing as fastest growing hedge fund investors
- London council pension looking for fund of funds
- Largest German first-pillar scheme eyes hedge funds
- Liberty Ermitage Group names Ian Cadby as CEO
- Baltimore hires fund of hedge funds firms
- FIM hires new COO
- Ted Kokas joins McCormack Advisors
- Pioneer Alternative Investments launches Momentum AllWeather Strategies II
- Man launches new structured product
- Barclays introduces guaranteed product based on FTSE Hedge Index
- Pro-Hedge launches fund
- Dexion plans to launch new London listed fund of hedge funds
- Optimal hedge fund allocations: do higher moments matter? (Cremers, Kritzman, Page)
- Global Financial Stability Report (IMF)
PrimNews - August 2004
- Hedge fund inflows set another record in 2nd quarter
- Hedge funds see slowdown in 2nd quarter inflows
- Seven percent of UK pensions have invested in hedge funds
- Pension dumps hedge fund search
- European pension funds allocated EUR 8bn to hedge funds since beginning 2003
- Schneeweis named as Lyra¿s head of research
- EIM Group appoints US CIO
- Optima Fund Management and Bear Measurisk announce risk monitoring agreement
- Fresh start for old Charles Schmitt team
- Ravi Cheruvu joins PRS Group as risk manager
- Key Asset Management CIO resigns
- Abria hires CFO and Investment Head
- Norhsield hires European marketer
- Mitsubishi to offer managed futures fund of funds
- Citigroup Alternative to offer $350m units in Hedge Fund
- Commerzbank to launch fund of hedge funds
- Eden Rock launches finance fund
- Thames River Capital launch Thames River Hedge Ventures
- Efficient FoHF construction under downside risk measures (Morton, Popova)
- Fund of hedge funds portfolio selection (Davies, Kat, Lu)
PrimNews - July 2004
- Few UK pensions invest in hedge funds
- Over 70% of institutional investors likely to use fund of hedge funds
- Hedge funds break new ground with 3F funds
- Financial Stability Forum to investigate hedge funds
- Ontario Teachers could add to hedge fund allocation
- 55% of hedge fund investors increase allocation, 88% met or exceeded expectations
- New KPMG and CREATE study says hedge funds have become a global phenomenon
- Funds of funds maintain popularity (Watson Wyatt)
- Credit Suisse pulls $2.7bn from Man
- Batten family funds trusted in the hands of Handy
- Charles Schmitt Fund put in liquidation
- SYZ expands hedge fund investment team
- KE Absolute appoints Tony Smith as COO
- American Express hires head of European Institutional Sales
- Abbey Capital appoints new Chief Operating Officer
- Certificates based on hedge fund indexes to trade on Swiss Exchange
- Swiss firm offers currency product
- PrimFund Diversified: Access to top-quality specialist funds of hedge funds
- The effect of the proposed swap regulations on the hedge fund (Biondo, Rosier)
- Are 'Market Neutral' Hedge Funds Really Market Neutral? (Patton, LSE)
PrimNews - June 2004
- Hedge Funds could help solve the European Pension time bomb
- World Wealth Report shows wealth of HNWI¿s rose 7,7%
- Record in flows in first quarter
- Illinois pension fund reviews portfolio
- Three Firms Invest US$122 Million in RiskMetrics
- Hedge fund start-up activity slows
- CSA fraudster's dummy company scheme unveiled
- LJH adds Chief Operating Officer
- CSFB/Tremont Investable Hedge Fund Index to exceed US$2 billion in assets
- Blackstone hires new CIO
- NewMarket Capital Partners hires new manager
- Mellon Financial to Acquire Evaluation Associates Capital Markets
- Pioneer becomes first overseas firm to gain approval to sell retail FoHF in Germany
- Optima to launch Emerging Markets fund of hedge funds
- Evaluating hedge fund investments: The role of pure style indices (Lhabitant)
- Fat Tail Risk in Portfolios of Hedge Funds and Traditional Investments (RMF)
- Fund Selection and Optimal Allocations (Alexander, Dimitriu)
PrimNews - May 2004
- Q1 hedge fund inflows total $22B
- The global hedge fund industry has broken through the $1,000bn barrier
- Economics professor questions reliability of hedge fund data
- CalPERS to boost hedge fund investments
- Clwyd puts 11m pound into hedge funds with Pioneer
- Viriginia¿s latest hedge fund allocation fulfils mandate
- Buffett calls hedge funds a fad, layering of fees unfair
- UJF of Chicago to double hedge fund allocation in June
- ABP plans to allocate 20% to alternatives
- Morgan Stanley hires former AXA portfolio manager
- Poschadel replaced as CEO at UBS¿s GAM
- Harcourt establishes North American operations
- UBS says its hedge fund assets have more than doubled
- IAM adds new quant research head
- Van Hedge Fund Advisors hires quant
- PAAMCO launches new fund of hedge funds for institutional investors in Europe
- Man Group raises record US$805 million in latest product launch
- KE Absolute launches early stage Asian fund of hedge funds
- Crescent City Capital launches new fund of hedge funds product
- Attica-LJH Investment Management to launch Oppenheim Attica Multi Hedge Fund
- Lombard Odier Darier Hentsch launches fund of hedge funds
- FRM to launch long-short fund of hedge funds
- Did institutional investors herd into new economy stocks? (Vivek Sharma)
- Hedge funds: stale prices revisited (Kazemi, Schneeweis)
- HF performance and persistence in bull and bear markets (Capocci, Corhay, Hübner)
PrimNews - April 2004
- BT pension invests in hedge funds
- Nestle¿s pension allocates 18% to hedge funds
- Massachusetts pension allocates $1.625B to five FoHF¿s
- Railway Pension set to become largest UK hedge fund investor
- Shropshire invests 10% of assets in hedge funds
- Institutions put $300m into FTSE hedge vehicle
- BNP Paribas acquires Javelin FoHF
- McCormack Advisors hires senior vice president
- Tuckerbrook Alternative Investments formed by J. Yoder and M. Brandley
- Smith Barney moves hedge fund business under the Private Client Group
- Absolute Capital gets boost from Abn Amro
- New Partners/Principals at LGT
- New VIP fund of hedge funds launched
- GAM caps its two Swiss registered funds
- S&P to launch new alternatives index of equity long/short hedge funds
- Key Asset Management launches leveraged FoHF
- Magnum launches FoHF with Ibbotson
- Do hedge fund managers display skill? (Xu, Yau, Fung)
- Performance Benchmark Review of Hedge Fund Indices (Grosvenor)
PrimNews - March 2004
- Hedge funds remain high net worth strategy of choice
- More UK charities invest in fund of hedge hunds
- Pensions increase allocations to HF, but for how long?
- Growing diversity among institutional investors in hedge funds
- Bear Stearns acquires Measurisk
- Fund of hedge funds compare favourably with gilts (HSBC)
- Information on Bank of Bermuda
- No contract deal for CalPERS and FRM
- HFR manages more than 2 billion USD
- PlusFunds exceeds 1.5 billion USD tracking the S&P Hedge Fund Index
- Gartmore names Di Dario as new COO
- Minsky leaves Goldman to join IAM
- Asset Alliance hires Blackstone Executive
- Former Blackstone Manager arrives at Dubin & Swieca
- Infiniti adds to sale staff in Asia
- Turnstone hires Head of Business Development
- Harris launches L/S FoHF
- JP Morgan Incubator seeds fifth fund
- Federal Street Partners launches offshore FoHF
- Efficient Capital plans launches of CTA FoHF
- Refco and Abbey launch FoHF
- Liberty Ermitage forms strategic alliance with Volteq Capital
- Changes in CSAM Europe¿s fund of hedge fund product palette
- Dexion Capital launches LSE fund of funds
- Salus Alpha launches Austrian FoHF
- Younger hedge funds outperform seasoned veterans (UBS O¿Connor)
- Discussing paper, fund of hedge fund reporting (EDHEC)
- A.I.R.A.P. (Milind Sharma, Merrill Lynch)
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News Archive
