All Alternatives articles – Page 148
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Features
Hedge funds indexation: does it really make sense?
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, ...
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Features
Facing up to hedge funds
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 ...
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Features
Explosive growth of credit products
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) ...
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Features
Built to fit
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 ...
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Features
Building an index of indices
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 ...
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Features
An awkward bedfellow
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% ...
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Features
Attracting novice investors
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 ...
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News
DeAM nabs Schroders' Hillier for Euro equities
UK - Deutsche Asset Management UK has hired Piers Hillier as head of institutional European equities.
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News
BGI names European transition head
GLOBAL - Barclays Global Investors has hired Rory Tobin from investment bank J P Morgan as director of transitions, Europe, a new role.
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News
L’Oreal awards E35.6m to Russell
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.
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News
AP2 backs more transparent EU hedge rules
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.
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News
Institutions put $300m into FTSE hedge vehicle
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.
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News
Clwyd puts E16m into hedge funds with Pioneer
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.
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News
Robeco seeks “forceful” institutional growth
NETHERLANDS – Robeco, reporting a 48% rise in net profit, says it is looking to “forcefully grow” its European institutional business.