Investment Strategy

Fund of hedge funds: liquid, cheaper, transparent

Investment strategies are continuing to modify fund-of-hedge-fund holdings in order to provide more liquidity and potentially more alternative returns. A sector report from S&P Fund Services into alternative strategies found that fund-of-hedge-fund (FoHF) managers have responded to investor demand for more liquid, cheaper and more transparent avenues to alternative investing. It further concluded that managed […]
Investment Strategy

A century of ASX ETFs

ASX, the owner and operator of the Australian stock market, expects 100 exchange traded funds (ETFs) by June 2013. “I’d be surprised if we weren’t at 100 by this time next year,” says Richard Murphy, general manager of capital markets at ASX. “There is not one big Australian fund manager not looking at ETFs.” Still, […]
Hedge Funds

The slide of sovereign
debt ratings

Investors may come to remember 2011 as the year we lost the risk-free rate of interest. The debt-ceiling episode of the summer raised the possibility that the US might not make a coupon payment, and Standard and Poor’s (S&P) downgrade showed that ratings agencies could regard this as more than a temporary hiccup. Several other […]