Opalesque Roundtable: How Eurex helps its members meet margin requirements under Dodd Frank... [more]Beverly Chandler, Opalesque London:The Opalesque 2013 New York Roundtable, sponsored by Maples Fund Services, Eurex

Opalesque Exclusive: Misconceptions about hedge fund replication, Part 2... [more]Benedicte Gravrand, Opalesque Geneva:Known variously as hedge fund replication, alternative beta, liquid alternatives, these assets attempt to resolve many of the problems institutional investors experienced in 2008, that is, transparency, liquidity and fidelity, writes Marc Freed in the

Hedge fund investors redeemed $2.2bn (0.1% of assets) in October after buying $4.4bn in September... [more]BarclayHedge and TrimTabs Investment Research reported today that hedge fund investors redeemed a net $2.2 billion (0.1% of assets) in October, reversing course after buying $4.4 billion in September. “The outflow in October was only the second for hedge funds this year,” said Sol Waksman, president

UCITS HFS Index experiences slow down, up 0.27% in November (3% YTD)... [more]The UCITS HFS Index posts its third positive monthly result in a row in November 2013 (0.27%). The broad index started negatively into the month with losses of -0.14% after the first full week of trading. Things turned around in week two though with gains of 0.16%. Although the third week of Novembe

SAC reconsiders industry relationships—and its name... [more]From WSJ.com: SAC Capital Advisors LP is considering big changes to its business as it restructures, including scaling back relationships with some Wall Street banks and perhaps changing its name, according to people familiar with the matter. The discussions reflect the depth of the Stamford, Conn.,

Funds Profile – Risk management at heart of Prima Capital FoHF success, Atlas Capital: A hedge fund strategy without the high fees... [more]Risk management at heart of Prima Capital FoHF success From Risk.net: As the father of value investing, Benjamin Graham, once said: “The essence of investment management is the management of risk, not the management of returns.” Or, in the words of Dariush Aryeh, who manages the $718 mil

Hedge funds cut fees to win big investors... [more]From FT.com: ...Investors are expecting less in the way of returns, but have judged that hedge funds will provide a cushion against any correction in the stock market or downturn in the bond market when interest rates rise. Hedge fund managers, meanwhile, are dropping fees for big investors and offe

Are commercial mortgages the next big thing for hedge funds?... [more]From CNBC.com: Gleaming office towers, corporate office parks and big box retail stores could be the next big thing for Wall Street traders. Some of the smart money certainly thinks so. Hedge funds focused on buying and selling securities backed by assets like home loans and credit card payments—kno

Regulatory – Comment: Regulation could be savior of Europe’s FoHF business, Substantial changes to the distribution of foreign funds in Switzerland... [more] Comment: Regulation could be savior of Europe’s FoHF business From Risk.net: Not many leaders of the hedge fund community in Europe openly embraced regulation of the industry after 2008. One individual, however, decided it was better to work with regulators and governments to ensure the

Madoff Update – Madoff victims set to recover three-quarters of losses... [more]From FT.com: Funds set up for victims of Bernard Madoff should recover almost three-quarters of the Ponzi scheme’s $17.5bn losses after a new contribution from JPMorgan Chase. Five years after Madoff was arrested on fraud charges, JPMorgan is close to agreeing a settlement of about $2.5bn over

Legal – SEC brings charges against GLG Partners LP, GLG Partners Inc, Merrill Lynch in latest round of investigations, Update: Merrill settles with SEC over crisis-era bond deals, Jury for SAC's Steinberg hears origins of Dell tips, Fletcher Asset said to have conned Louisiana retirement systems out of $100m... [more]SEC brings charges against GLG Partners LP, GLG Partners Inc, Merrill Lynch in latest round of investigations The Securities and Exchange Commission (SEC) announced a rash of new charges today against a London-based hedge fund, a Charlotte, N.C.-based investment advisory firm, and Merrill

Activist News – Golden Tree ups stake in Canada's Postmedia... [more]From VCPost.com: American hedge fund Golden Tree Asset Management LP lifted its stake in Postmedia Network Canada Corp in November. The hedge fund presently owns 39% of the newspaper chain. This was according to a report published by Financial Post. Golden Tree is the largest stakeholder of P

Service Providers – SunGard initiates ‘hackaton’ to enhance security of financial services industry... [more]On Dec 4th, 425 software developers based in 17 cities around the world jumped on the opportunity to spend 48 hours hacking away. New York, Miami, Paris, Cambridge, Belgrade, Stockholm, Tunis, Shanghai, Manila and Pune were some of the locations where 103 teams coded non-stop for two days. Their mis

News Briefs – Pension and hedge fund capital pushing down premiums, Wall St. drops on taper anxiety, iShares plans interest-rate-hedged ETFs, Amundi Alternative Investments gets AIFMD license, CFA Institute congratulates new CIPM certificants... [more]Pension and hedge fund capital pushing down premiums An influx of capital from non-traditional sources is contributing to increased market capacity, lower premiums, and greater competition in the global insurance industry, according an Aon boss. Commenting on insurance markets in 2013, J

…And Finally – Santa makes kids take lie detector tests... [more]From Orange.co.uk: Father Christmas is making children undergo a lie detector test when they are asked whether they have been a good boy or girl. Youngsters visiting grottos at a number of shopping centers are to be tested with a polygraph before they get to see Santa. WestQuay, Southamp