Using the Google News archive to collect approximately 67,000 news articles from about 3,600 unique media sources on a sample of 774 long / short
U.S. equity hedge funds over the period 1999 --- 2008, they find that:
Returns by media type are similar whether measured simply in excess of the risk - free rate or adjusted for multiple risk factors common to long / short
U.S. equity hedge funds.
Not exact matches
Under Volcker,
U.S. banks are generally forbidden from owning stakes in
hedge funds and private
equity funds, since ownership interests could allow them to indirectly participate in proprietary trading.
These include currency -
hedged ETFs, triple - levered ETFs based on commodities, unconstrained bond
funds with short positions betting against
U.S. Treasurys, private
equity funds, emerging market debt instruments, historically less - liquid bank loan
funds, and all manner of actively managed strategies packaged in supposedly easy to buy and sell wrappers.
iShares S&P ® / TSX ® 60 Index
Fund («XIU»), iShares S&P / TSX Capped Composite Index
Fund («XIC»), iShares S&P / TSX Completion Index
Fund («XMD»), iShares S&P / TSX SmallCap Index
Fund («XCS»), iShares S&P / TSX Capped Energy Index
Fund («XEG»), iShares S&P / TSX Capped Financials Index
Fund («XFN»), iShares S&P / TSX Global Gold Index
Fund («XGD»), iShares S&P / TSX Capped Information Technology Index
Fund («XIT»), iShares S&P / TSX Capped REIT Index
Fund («XRE»), iShares S&P / TSX Capped Materials Index
Fund («XMA»), iShares Diversified Monthly Income
Fund («XTR»), iShares S&P 500 Index
Fund (CAD -
Hedged)(«XSP»), iShares Jantzi Social Index
Fund («XEN»), iShares Dow Jones Select Dividend Index
Fund («XDV»), iShares Dow Jones Canada Select Growth Index
Fund («XCG»), iShares Dow Jones Canada Select Value Index
Fund («XCV»), iShares DEX Universe Bond Index
Fund («XBB»), iShares DEX Short Term Bond Index
Fund («XSB»), iShares DEX Real Return Bond Index
Fund («XRB»), iShares DEX Long Term Bond Index
Fund («XLB»), iShares DEX All Government Bond Index
Fund («XGB»), and iShares DEX All Corporate Bond Index
Fund («XCB»), iShares MSCI EAFE ® Index
Fund (CAD -
Hedged)(«XIN»), iShares Russell 2000 ® Index
Fund (CAD -
Hedged)(«XSU»), iShares Conservative Core Portfolio Builder
Fund («XCR»), iShares Growth Core Portfolio Builder
Fund («XGR»), iShares Global Completion Portfolio Builder
Fund («XGC»), iShares Alternatives Completion Portfolio Builder
Fund («XAL»), iShares MSCI Emerging Markets Index
Fund («XEM») and iShares MSCI World Index
Fund («XWD»), iShares MSCI Brazil Index
Fund («XBZ»), iShares China Index
Fund («XCH»), iShares S&P CNX Nifty India Index
Fund («XID»), iShares S&P Latin America 40 Index
Fund («XLA»), iShares
U.S. High Yield Bond Index
Fund (CAD -
Hedged)(«XHY»), iShares
U.S. IG Corporate Bond Index
Fund (CAD -
Hedged)(«XIG»), iShares DEX HYBrid Bond Index
Fund («XHB»), iShares S&P / TSX North American Preferred Stock Index
Fund (CAD -
Hedged)(«XPF»), iShares S&P / TSX
Equity Income Index
Fund («XEI»), iShares S&P / TSX Capped Consumer Staples Index
Fund («XST»), iShares Capped Utilities Index
Fund («XUT»), iShares S&P / TSX Global Base Metals Index
Fund («XBM»), iShares S&P Global Healthcare Index
Fund (CAD -
Hedged)(«XHC»), iShares NASDAQ 100 Index
Fund (CAD -
Hedged)(«XQQ») and iShares J.P. Morgan USD Emerging Markets Bond Index
Fund (CAD -
Hedged)(«XEB»)(collectively, the «
Funds») may or may not be suitable for all investors.
Franklin ActiveQuant
U.S. Corporate Class Franklin ActiveQuant
U.S. Fund Franklin Mutual
U.S. Shares Corporate Class Franklin Mutual
U.S. Shares
Fund Franklin
U.S. Core
Equity Fund Franklin
U.S. Opportunities Corporate Class Franklin
U.S. Opportunities
Fund Franklin
U.S. Rising Dividends Corporate Class Franklin
U.S. Rising Dividends
Fund Franklin
U.S. Rising Dividends
Hedged Corporate Class
They relate art returns to those for commodities, corporate bonds, 10 - year
U.S. Treasury notes,
hedge funds, private
equity, real estate, global stocks and
U.S. Treasury bills.
Alternative investments, such as
hedge funds, private
equity, private debt and private real estate
funds are not suitable for all investors and are only open to «accredited» or «qualified» investors within the meaning of
U.S. securities laws.
This translated into over $ 250 million in outflows from CAD -
hedged U.S. equity funds versus inflows of $ 600 million for non-
hedged U.S. equity ETFs.
Alternative investments, such as
hedge funds and private
equity funds are only available to persons who are «accredited investors» or «qualified purchasers» within the meaning of
U.S. securities laws.
This translated into over $ 250 million in outflows from CAD -
hedged U.S. equity funds versus inflows of $ 600 million for non-
hedged U.S. equity ETFs.
The most dramatic example comes from early 2002 to late 2007, when the Canadian dollar soared from $ 0.62 USD to almost $ 1.09 USD, punishing investors who held
U.S. equity funds without currency
hedging.
WisdomTree Japan
Hedged Equity Fund seeks to provide exposure to the Japanese equity market while hedging exposure to fluctuations between the U.S. dollar and th
Equity Fund seeks to provide exposure to the Japanese
equity market while hedging exposure to fluctuations between the U.S. dollar and th
equity market while
hedging exposure to fluctuations between the
U.S. dollar and the yen.
The
fund invests (i)
equities (ii) convertible securities of
U.S. companies without regard to market capitalization and (iii) employs short selling and enters into total return swaps to enhance income and
hedge against market risk.
«The interview - based study of 95 head and senior traders of
U.S. equity asset managers and
hedge funds determined that over 95 % of
U.S. equity funds have been impacted by investors» move from actively managed
funds to passive strategies,» researchers explain.
When Lamm announced his impending retirement in 2001, the school had an aggressive allocation to risky assets, with 46 percent of its endowment in a category labeled «alternative investments,» primarily
hedge funds, private
equity, and similar risky investment vehicles — a risk that was partially balanced by keeping fully 42 percent of the portfolio in
U.S. Treasuries.
Notes:
U.S. stocks represented by Dow Jones
U.S. Total Stock Market Index through April 2005, MSCI US Broad Market Index through June 2013 and CRSP US Total Market Index thereafter; emerging markets stocks are represented by MSCI Emerging Markets Index; REITs by FTSE NAREIT
Equity REIT Index; dividend stocks by Dow Jones
U.S. Select Dividend Index; commodities by S&P GSCI Commodity Index; high yield bonds by Bloomberg Barclays
U.S. Corporate High Yield Bond Index; emerging markets bonds by Bloomberg Barclays EM USD Aggregate Index; investment - grade corporate bonds by Bloomberg Barclays
U.S. Corporate Index;
U.S. Treasury bonds by Bloomberg Barclays
U.S. Treasury Bond Index;
Hedge fund index by HFRI
fund - weighted total return Index and international bonds by Bloomberg Barclays Global Aggregate ex-USD Bond Index.
Ryan, who formerly led the
U.S. private investment
fund practice at Mayer Brown, works on structuring private investment
funds with a focus on real estate, infrastructure,
hedge, and private
equity.
Alejandro García - Villalpando advises public and private companies, private
equity firms, and
hedge funds on domestic and international tax and corporate matters, with a focus on the tax aspects of cross-border transactions, including the structuring of inbound and outbound
U.S. investments.
During the last 30 years, Sook has advised Asian institutional investors investing in
U.S., European and Asian private
funds, as well as Asian private
equity and venture capital
funds sponsored by
U.S., European and Asian financial institutions, and Asian
hedge funds managed by independent
fund managers.
Mr. Fasciano regularly counsels clients on structuring and forming
U.S. and non-
U.S. private investment
funds, including
hedge funds, private
equity funds and custom «hybrid»
funds incorporating features of both.