All Alternatives articles – Page 77
-
Features
Negative streak continues
Hedge funds continued their negative streak for the sixth month in a row, falling 0.8% as November saw the continuation of several of the dominant themes from September and October: distressed selling, deleveraging and redemptions among hedge funds, heightened volatility and an increasing disconnect between asset prices and underlying fundamentals, ...
-
Features
Commodity turnaround
With volatility is still at its highest levels (56%), the stock markets again had to face adverse conditions in November and produced a significantly negative return (-7.18%), although this was less than half October’s record. The S&P500 index has now returned to its level of July 2003. Similarly, the commodities ...
-
Features
BVK keeps long and short strategy
The pension fund of the Canton of Zurich (BVK) has been investing in commodities since August 2006 when it decided to allocate 4% of its portfolio to commodities. Its strategic exposure consists of seven individual commodity investments in three sub-categories. At end-June 2008 a collateralised commodity index note accounted ...
-
News
Madoff fraud costs pension funds €44m so far
[16:30 CET 22-12] EUROPE – Only a handful of European pension funds have declared an indirect investment interest in the recent Madoff 'Ponzi' scheme, fraud but the potential losses to date are now understood to be in the region of at least €44m.
-
News
Madoff fraud hits pension funds
[17:05 CET 15-12] GLOBAL – As the list of investors hit by Bernard Madoff’s scam grows, it has emerged pension funds have also been hit by the alleged $50bn Ponzi scheme.
-
News
Pensions market pushes for private equity self-regs
[15:30 CET 12-12] NETHERLANDS - Mn Services, the €65m service provider for the large metal pension schemes PME and PMT, has initiated a drive for increased self-regulation by private equity firms and hedge funds and delivered key recommendations through a consultation with the industry.
-
News
Market turmoil drives change for Ilmarinen
[17:25 CET 11-12] FINLAND - Ilmarinen Mutual, the Finnish pension fund with €23.7bn in assets under management, is making the first tactical and minor strategic changes to its investment strategy as a result of the economic turmoil.
-
News
EC mulls short-selling ban
[16:20 CET 09-12] EUROPE – Niall Bohan, the head of the asset management unit at the European Commission (EC), today revealed the EC is reviewing short-selling and looking at possible bans on the practice, while seeking to organise stock-lending.
-
News
'Cherish and embrace' activist shareholders
[16:10 CET 09-12] EUROPE – Shareholder activism is an incentive to better governance and value creation which should be “cherished and embraced”, a panel discussion on hedge funds in London stressed today.
-
News
Pensionskassen called on to split active/ retired members
[15:45 CET 09-12] AUSTRIA – The Austrian Private Equity and Venture Capital Organisation (AVCO) has called on pensionskassen to split their active and passive members as officials argue sharing the same portfolio is an obstacle to investing in venture capital.
-
NewsBMB recruits Chris Walker for European schemes
[17:25 CET 04-12] GLOBAL – Chris Walker, former managing director of Scottish Widows Investment Partnership (SWIP), has joined alternative asset manager BMB Group ahead of the firm's move to launch Shari'a compliant products for European pension funds.
-
News
Diversification impact 'has decreased' - Verhaegen
[12:00 CET 20-11] EUROPE - The global economic crisis has led to a decreased effectiveness of portfolio diversification for pension funds, according to Chris Verhaegen, secretary general for the European Federation Retirement Provision (EFRP).
-
News
USS to aim for 30% alternatives target
[16:00 CET 18-11] UK – Officials at the UK’s second-largest pension fund, the Universities Superannuation Scheme, are planning to alter the asset allocation to make alternatives worth up to 30% of the total portfolio.
-
FeaturesNo alternative to alternatives
Despite market turbulence having a negative impact on returns, diversification is set to increase after a regulations are relaxed, says Emma Oakman
-
News
Morgan Stanley cuts 9% of asset mgmt jobs
[15:30 CET 13-11] GLOBAL – US banking giant Morgan Stanley says it plans to cut 9% of jobs in its loss-making asset management division.
-
Features
The packaged approach to diversification
Matthew Craig assesses diversified growth funds, absolute return funds that allocate to a range of asset classes alongside fixed income and equities
