Wednesday, 22 October 2014
Last updated 1 hour ago
Jun 13 2014 | 10:09am ET
Many epitaphs for fund of hedge funds industry have been written, but those involved are adapting—and confident about their ability to survive.
An Infovest21 survey shows that more than six in 10 poll respondents think the next year will be a good one for funds of funds, with just 18% fearing a negative year. Those answering the questions also gave a peek at how funds of funds are changing in order to hold on to—and develop new—clients.
Nearly one-third of firms now offer vehicles regulated under the Investment Company Act of 1940, funds that can be available to retail investors. Another 26% say they are offering more specialized products; a similar number say they are considering or have already set up strategic partnerships.
Of course, fears do remain, and the biggest among funds of funds managers is the increasing interest among institutional investors in directly investing in hedge funds, which often involves ending relationships with funds of funds.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...