Jun 23 2006 | 7:44pm ET
Reports of the death of the hedge fund industry have been greatly exaggerated, according to the authors of the first edition of the Citigroup Alternative Investments Journal. The lead article in the Journal explores the factors that industry experts believe are critical for hedge funds to be successful.
Authors of the article titled "Hedge Funds: Built to Last?" formulated four key conclusions about the industry. First, the article concluded that innovations by hedge funds will continue, creating opportunities for firms with sustainable advantages to generate attractive returns. Second, structural advantages such as economies of scale and scope will become increasingly important. Third, as more managers continue to enter the space, average returns will fall, but hedge funds with competitive advantages should continue to deliver returns at historically strong levels. And finally, investors need to become increasingly sophisticated and nuanced in order to identify promising hedge funds.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…