Hedge funds up in April but performances differ widely

You visit a manager, ask questions, and using your index finger and drop-down boxes, you click on predetermined responses. Mr Madoff, who is your auditor? Other. Is it independent? No, related by marriage. Danger, danger: warning, lost in hedge fund space. The due diligence information syncs up to a central server and the hedge fund team can investigate while the analyst is still on the road. Processes such as due diligence will become easier if the delivery medium is efficient. That’s why the iPad and competing devices are game-changers. They are also a bit of fun. When you finish your manager visit, you can log onto the iTunes store and download the new remastered Exile on Main Street album, plus offcuts and Mick Jagger interviews.

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AMP Super shielded from crypto rout by early Bitcoin trim

AMP Super slashed its investment in Bitcoin futures ahead of the abrupt crypto sell-off last week, saying it had been an "excellent test" of its forecasting model's ability to de-risk when required.

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