The CFA Institute has published “A Primer for Investment Trustees”, a free publication to educate trustees on governance, investment policy, investment objectives and risk tolerance using simple laymen’s terms.
Inside job: institutions shape the new hedge fund model
The institutional foray into hedge fund strategies is changing the way these managers invest. In turn, the hedge fund industry is being shaped by this now dominant investor base.
Private equity moves to centre-stage
Tomas Hricko, product manager at global private equity fund-of-funds manager, Adveq, tells Amanda White why private equity should be the core of an institutional investor’s portfolio, not a satellite.
How to predict your PE manager’s performance
There are an estimated 1,600 private equity firms around the world in capital-raising mode at the moment, offering fiduciary investors a smorgasbord of alternatives, split on regions, style, size, stage and sector categorisations. Some recent good news for investors is that, for private equity at least, there is now evidence of performance persistence.
Gaddafi SWF investees revolt and freeze funds
As tensions in Libya increase, a leading authority on sovereign wealth funds has urged investee entities of the Libyan Investment Authority (LIA) to freeze its holdings, until such time as they are needed to rebuild an independent Libya.
Making sense of China’s excessive foreign reserves
This analysis suggests that without a well-developed domestic financial market, the value of the Chinese currency (renminbi) may significantly depreciate, instead of appreciate, once the Chinese government abandons the linked exchange rate and the massive amount of precautionary savings of Chinese households are unleashed toward international financial markets to search for better returns.
