All Alternatives articles – Page 148

  • Features

    Hedge funds indexation: does it really make sense?

    May 2004 (Magazine)

    Barely a day passes without the announcement of another significant mandate from a large institutional investor looking to diversify its portfolio of investments by making an allocation to hedge funds. For example, in April it was announced that Railpen in the UK had plans to invest £600m into hedge funds1, ...

  • Features

    Facing up to hedge funds

    May 2004 (Magazine)

    The Netherlands has always been fertile soil for the growth of alternative asset classes. Dutch pension funds have a long tradition of private equity investment and are now among the leaders in Continental Europe their use of hedge funds. Industry leaders, like ABP and PGGM, have led the way. These ...

  • Features

    Explosive growth of credit products

    May 2004 (Magazine)

    There has been such rapid growth in the market of credit derivatives, it is surely an area that investors are looking at, if not already investing in. The market for these products began in earnest in the mid-1990s. Less than one decade later, it is expected to exceed $4trn (E6trn) ...

  • Features

    Built to fit

    May 2004 (Magazine)

    In the recent past, much has been written on the looming European pension crisis. In this article we will elaborate on the implications (both direct and indirect) of this crisis for the investment policy of corporate pension funds throughout Europe. A changing regulatory environment, is expected to have direct implications ...

  • Features

    Building an index of indices

    May 2004 (Magazine)

    The chief obstacle to the institutionalisation of hedge funds is the absence of proper performance evaluation. This is conclusion of a recent report from Edhec Risk and Asset Management Research Centre, part of the Edhec Business School, based in Lille and Nice. The problem, the report says, is the lack ...

  • Features

    An awkward bedfellow

    May 2004 (Magazine)

    Many defined benefit (DB) pension schemes are seeking ways to regain a fully funded status by increasing contributions and maximising investment returns. However, they are also concerned about controlling risk and ensuring that contribution levels are kept under control. Most schemes cannot afford to move to a ‘low risk’ 100% ...

  • Features

    Attracting novice investors

    May 2004 (Magazine)

    Since the beginning of 2004 two new investment companies operating as funds of hedge funds (FOHFs) have become listed on the London Stock Exchange, swelling the progress of a new theme in institutional hedge fund investment in the UK. Though the international universe of hedge funds, whether single strategy or ...

  • Features

    The big battalions arrive

    May 2004 (Magazine)

  • News

    DeAM nabs Schroders' Hillier for Euro equities

    2004-04-30T03:07:00Z

    UK - Deutsche Asset Management UK has hired Piers Hillier as head of institutional European equities.

  • News

    BGI names European transition head

    2004-04-30T03:06:00Z

    GLOBAL - Barclays Global Investors has hired Rory Tobin from investment bank J P Morgan as director of transitions, Europe, a new role.

  • News

    L’Oreal awards E35.6m to Russell

    2004-04-29T03:09:00Z

    UK – The L’Oreal (UK) Ltd. Retirement Benefits Plan has awarded Russell a global equity mandate worth more than 24 million pounds (35.6 million euros) - 22% of the total plan assets.

  • News

    AP2 backs more transparent EU hedge rules

    2004-04-26T03:04:00Z

    SWEDEN – The head of fixed income and alternative investments at the 140.4 billion-crown (15.3 billion-euro) Andra AP-fonden has welcomed moves to a more transparent hedge fund framework.

  • News

    Institutions put $300m into FTSE hedge vehicle

    2004-04-23T04:18:00Z

    EUROPE – Institutions have put 300 million dollars (253 million euros) into the hedge fund vehicle behind FTSE’s new investible hedge fund index, the fund’s asset manager said.

  • News

    Clwyd puts E16m into hedge funds with Pioneer

    2004-04-23T03:55:00Z

    UK - Flintshire County Council has awarded a fund of hedge funds mandate on behalf of the 550 million-pound (834 million-euro) Clwyd Pension Fund to Pioneer Alternative Investments.

  • News

    Robeco seeks “forceful” institutional growth

    2004-04-23T03:02:00Z

    NETHERLANDS – Robeco, reporting a 48% rise in net profit, says it is looking to “forcefully grow” its European institutional business.