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Hedge Funds: Insights in Performance Measurement, Risk Analysis, and Portfolio Allocation

I enjoyed the October 30 Hedge Fund Panel Discussion by the authors of, "Hedge Funds: Insights in Performance Measurement, Risk Analysis, and Portfolio Allocation", sponsored by the Chicago GSB Alumni Club of Greater New York. Heidi Christensen Goldstein did pre-introduction Then Cyrus Claffey, [...continue reading]

Investable Hedge Fund Indices: Investable Indices or Hedge Fund of Funds?

I took some notes on Sandra Manzke's talk at this week's World Hedge Funds Summit . I have enclosed slides from her Toronto presentation and a Eurekahedge presentation.  Biography of Sandra L. Manzke Sandra Manzke, Chairman and Chief Executive Officer, founded Maxam Capital Management LLC in [...continue reading]

Quantitative Hedge Fund Strategies

Jason Prole, Quantitative Strategist at Capital Risk Management Inc., presented an interesting talk on "Quantitative Strategies" at the World Hedge Fund Summit in Toronto. slides here. [...continue reading]

Toronto Hedge Funds Summit: Investment Research Panel

I'm enjoying visiting Toronto this week at the http://www.worldhedgefundssummit.com/ . Here are my notes on today's Investment Research Panel, preceded by the speaker biographies. Moderator: David Weild IV The National Research Exchange (The NRE) is the originator of Intermediated ResearchSM, [...continue reading]

Profile of Jack Meyer, (former) Harvard Management Company President

Image via Wikipedia As background for my next blog post about Dr. Mohamed El-Erian (current President and CEO of Harvard Management Company), I've attached below an article I wrote for the Harvard Business School newspaper (the Harbus) back on July 7, 1997. The Financial Future of Harvard is [...continue reading]

James Chanos, Kynikos Associates President, on Independent Research at the Crossroads

James Chanos, President of Kynikos Associates, whose fund accounts for 90% of institutional short funds in the US, delivered a very well-thought out keynote at last week's Investorside research conference, on "Independent Research at the [...continue reading]

Why Do Investors Choose High-fee Mutual Funds Despite the Lower Returns?

With their combination of low fees, tax efficiency and simple, autopilot investing style, index funds seem to have captivated American investors. At the same time, however, many investors still hold trillions of dollars in high-fee funds despite well-publicized evidence that low-fee alternatives [...continue reading]

How Is a Hedge Fund Like a School?

Hedge-fund guru Joel Greenblatt (also a principal of the Value Investors Club) applied Wall Street principles-and $1,000 per student-to turn around a struggling Queens elementary school. And it worked, spectacularly. more... [...continue reading]

Is It the Fund or the Fund Manager that Fuels Performance?

Is It the Fund or the Fund Manager that Fuels Performance? "When it comes to the world of work, mutual fund managers are a respected breed. Yet what part does the fund itself play in a successful outcome? Klaas P. Baks, assistant professor of finance at Emory University's Goizueta Business School, [...continue reading]

Rewarding Corporate Access: What Does the Buyside Value?

In between various meetings in London last week, I dropped into the Third AQ Research Conference, to attend a panel on "Rewarding Corporate Access: What Does the Buyside Value?" My notes follow: Speakers: Ralf Frank, Chair, German Association of Investment Professionals. Hosts 250 events / year [...continue reading]

Investing in Stock Markets with Social Network Analysis

Federico Colecchia, a network researcher at ATALAB, wrote to the SOCNET mailing list: "I am looking for recent/ongoing research on application of social network analysis technologies to analysis of stock values." (He works as a researcher and R&D coordinator for development of [...continue reading]

Putting fear of God into a portfolio company CEO

From "Unbridled Audacity": Hey VCs, next time you need to put the fear of god into a profligate portfolio-company CEO, take a lesson from hedge fund manager and Roman historian J. Carlo Cannell. Read this. [...continue reading]

Navigating Through Market Turbulences: A Quantitative View

I went last night to Kellogg’s Visiting Professor Series (despite my lack of a Kellogg degree). The official topic: Navigating Through Current Market Turbulences: A Quantitative View. Some notes: =-=-=-=-==-=-=-=-==-=-=-=-==-=-=-=-==-=-=-=-==-=-=-=-= Professor Kent Daniel is the [...continue reading]

Profile of Albourne Village, an alternative investment community

I recently had a conversation with Sam Lewis and Ashton Mayne of the Albourne Village, an 'alternative investment community'. We are adding this profile of the Albourne Village to our Social Software Site Guide (on the website for my forthcoming book). A similar, but much more exclusive, site that I [...continue reading]

The Wisdom of Warren Buffett

Via Marty Schwimmer, here are notes from a meeting with Warren Buffett. This sounds extremely similar to the talk I heard from him when I was in business school. [...continue reading]

Hedge funds kill old strategies

This is definitely consistent with a theme of yesterday's conference:FT.com: Hedge funds kill old strategies [...continue reading]

The Long and Short of Hedge Funds

(following are my notes on a hedge fund seminar I attended this morning)The Long and Short of Hedge Funds Breakfast Seminar, presented by The DealTuesday, October 5, 2004 VENUEThe Yale Club of New York50 Vanderbilt AvenueNew York, NY 10017Thedeal recently closed partnership with hedgeworld because [...continue reading]

How Mutual Fund Managers Exploit Opportunities to Maximize Fees – Knowledge@Wharton

How Mutual Fund Managers Exploit Opportunities to Maximize Fees: yet more reasons to review the fees you're being charged carefully. [...continue reading]