Stock Market Strategy / Precious Metals Outlook: Reprint of RCM October Letter to Limited Partners

We disseminated the following letter in October. Due to the events of this week and subsequent market behavior I feel a reprint is in order.   The Gold price approaches $1,400/oz and the Silver price is poised to breach $27/oz. A paradigmatic shift is occuring in the precious metals arena. Understanding and awareness will be required for those wishing to enjoy the parabolic […]

Emerging Manager Hedge Funds Maintain Performance Edge in U.S. Equity Investing

Northern Trust released a study demonstrating that smaller hedge funds can provide stronger returns and better downside protection in volatile markets than larger ones investing in the same asset class – large-cap U.S. equities. “Our new study indicates that emerging managers may help investors squeeze more out of their most important, and most challenging, asset class,” said Ted Krum, CFP, […]

Hedge Fund Performance through the Third Quarter of 2010

The Dow Jones Credit Suisse Hedge Fund Index team today released a new paper entitled, “Q3 2010 Hedge Fund Industry Review,” which states that hedge funds have surpassed their previous high water marks and asset flows are returning to the industry. Hedge Funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index (“the Index”), are up 5.98% year-to-date […]

Balancing Portfolio Risk Exposures

Andrew Mehalko, a speaker at the marcus evans Alternative Investments North America Summit Fall 2010, explores the best portfolio management and risk mitigation strategies. Interview with: Andrew Mehalko, Chief Investment Officer, GenSpring Family Offices Las Vegas, NV, September 1, 2010 – FOR IMMEDIATE RELEASE Investors need to manage their portfolios in a way that capitalizes on opportunities while mitigating risks, […]

Hedge Funds Attracted $30 Billion Over August and September

The global hedge fund sector finished 3Q2010 on a high note as the Eurekahedge Hedge Fund Index delivered a strong 3.37% return for September. A surge in risk appetite amid upbeat corporate earnings estimates and a stream of positive economic data led to rallies in the underlying markets. The MSCI World Index advanced 6.74% in the month. Newly revealed data puts the […]

Hedge Fund Manager Due Diligence on Third Party Marketers

Hedge fund and private equity fund managers that use registered broker-dealers to raise capital on behalf of their funds should be aware of a recent report from the North American Securities Administrators Association (“NASAA”). The 2010 Broker-Dealer Coordinated Examination Report identifies the most prevalent compliance deficiencies by broker-dealers and offers a series of recommended best practices for broker-dealers to consider […]

Hedge Fund Regulation: SEC Proposes New Family Office Definition

The Securities and Exchange Commission has proposed a new rule under the Dodd-Frank Wall Street Reform and Consumer Protection Act to define the term “family offices,” according to law firm Pillsbury Winthrop Shaw Pittman LLP. Advisers falling within this definition will be excluded from the definition of “investment adviser” under the Investment Advisers Act of 1940 and will therefore not […]

Standard Life Investments White Paper Rethinks Absolute Return

Standard Life Investments, the global investment manager, issued a white paper today to address a nagging question among institutional investors still mindful of the “pain and hardship” caused by the sharp market decline of 2008-2009: how to achieve high quality risk-adjusted returns when most, if not all, conventional wisdom about diversification and risk budgeting went out the window? “Being Risk […]

Delaware Supreme Court Rules On Hedge Fund Partnership

Sadis & Goldberg Alert – In a significant decision for hedge funds, the Delaware Supreme Court recently held in Parkcentral Global, L.P. v. Brown Investment Management, L.P.,1 that a hedge fund must provide a Limited Partner with a list of all partners’ names and addresses unless its Partnership Agreement explicitly states otherwise. This case has important consequences for all hedge […]

New Laws Liberalizes Rules for Converting 401(k) Plan Accounts into Roth IRAs

By Steven M. Etkind and Roger D. Lorence (Sadis & Goldberg LLP) – Employers offering 401(k) or 403(b) plans should give immediate attention to legislation that was just enacted that allows participants to convert their retirement accounts in such plans to Roth accounts in 2010 and avoid unnessary complications in order to convert Roth eligible accounts to Roth IRA’s. The […]

White Paper: The Spectrum of Investors for Latin American Hedge Funds

Merlin Securities, LLC – Clearly the landscape has changed dramatically for hedge fund managers and the investment community over the past several years around the globe. And so, too, have the investment approaches of each level of the spectrum changed. For hedge funds seeking to reach the next level of AUM, it is important to understand where the fund is in […]

Hedge Fund Association Golf Event

The Hedge Fund Association (HFA) and sponsors Rothstein Kass and Butterfield Fulcrum are hosting the 2010 Hedge Fund Association Golf Championship, on Friday, October 15, 2010 at the Doral Arrowwood in Rye Brook, New York. “The Doral Arrowwood Resort Center offers nine spectacular holes by Robert von Hagge, the mastermind behind the famed Blue Monster in Miami. Acclaimed as one […]

Morningstar preliminary hedge fund performance for August 2010

Morningstar reported preliminary hedge fund performance for August 2010 and asset flows through July. Hedge funds held up in August, as the Morningstar 1000 Hedge Fund Index rose 0.1% and the currency-hedged Morningstar MSCI Composite Hedge Fund Index increased 0.6% against a decline in global equity markets, particularly in the United States. The Morningstar U.S. Equity Hedge Fund Index fell […]

NY Law Firm Launches SEC Whistleblower Site

Manhattan law firm, Stuart D. Meissner LLC, announced today the launching of www.SECSnitch.com, targeting whistleblowers under the new whistleblower provisions within the July 21, 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. The Act awards whistleblowers who provide “original information” leading to the successful prosecution of the violation of securities laws to recover 10% to 30% of any monetary sanctions exceeding […]

Short Selling News now Available in Hindi

Data Explorers, a New York and London-based analytics company, has announced that news about short selling is now available as a weekly broadcast in Hindi. DX TV weekly broadcasts in Hindi will be produced each Friday and highlight key short selling insight around the world. This week’s broadcast focuses on Asia and highlights short interest activity in some interesting companies. “With […]