Alternatives like private equity, commodities and real estate may be somewhat familiar to investors. Others, like hedge funds, managed futures, and “distressed” securities are more recent and may not be as well-known. Alternatives are not for investors who have had no previous experience with them, or who are accustomed to making less complex investment decisions. … Read more
Black Horse Fund Investing Size of the global fund management industry Conventional assets under management of the global fund management industry fell 19% in 2008, to .6 trillion. Pension assets accounted for .0 trillion of the total, with .9 trillion invested in mutual funds and .7 trillion in insurance funds. Together with alternative assets (sovereign … Read more
The Opalesque A SQUARE Index declined an estimated* 0.55% in January, bringing the 12-month performance to +10.39%. The A SQUARE Funds of Funds Index posted an estimated loss of 0.37% in January, leading to a 12-month performance of 4.43%. Over the last 12 months, performance of the A SQUARE Index ranged between a gain of … Read more
The Opalesque A SQUARE Index gained 1.5% in December, bringing the 2010 performance to +9.83%. The A SQUARE 82% ‘search’); } [removed] The monthly performance of the A SQUARE Index ranged between a gain of 3.12% in September and a loss of 1.97% in May, with 9 positive and 3 negative months. With a single-digit … Read more
Institutional investors are increasingly demanding more transparency around the controls and procedures of hedge funds, fund of funds, private equity funds and managed account manager. There are four key operational risk areas that fund managers should focus. Here we take a quick look at “The Experience of Operational Personnel”. Investing in bank debt requires dedicated … Read more