Not exact matches
«If you were a
hedge fund or private
equity fund and you said, «Well, all I want my AI to do is maximize the
value of my portfolio,»» Musk said in the documentary, «then the AI could decide, the best way to do that is to short consumer stocks, go long defense stocks, and start a war.»
Hedge funds and private
equity funds saw the potential to corner this market and began offering much higher loan to
value ratios, meaning they would lend as much as 80 percent of the
value of the property.
Legendary Wall Street
value investor Howard Marks says the big money has already been made in
hedge funds, and maybe in private
equity and junk bonds too.
These assets can be shares of stock in other corporations, limited liability companies, limited partnerships, private
equity funds,
hedge funds, publicly traded stocks, bonds, real estate, song rights, brand names, patents, trademarks, copyrights, or virtually anything else that has
value.
For example, during 2008 and 2009, many third - party investors that invest in alternative assets and have historically invested in our investment
funds experienced significant volatility in valuations of their investment portfolios, including a significant decline in the
value of their overall private
equity, real assets, venture capital and
hedge fund portfolios, which affected our ability to raise capital from them.
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.
Asset managers and
hedge funds typically determine their research budgets through a process called broker votes in which portfolio managers rate the
value of
equity research analysts.
Four common strategies used by
hedge fund managers include: long - short
equity, relative
value, event driven and global macro.
«This significant investment and allocation to high - fee
hedge funds and private
equity added no
value.
Our portfolio
values both balance and flexibility and includes a global mix of large -, mid -, and small - cap
equities,
hedge funds, venture capital and alternative investments.
Before joining Alston & Bird, Blake was general counsel for a manager and distributor of alternative investment products, including an externally managed, public, non-traded business development company, and a senior lawyer for a manager of
hedge funds and separately managed accounts employing relative
value and macro fixed income and
equity strategies.
The spotlight that private
equity firms and
hedge funds find themselves under in the current regulatory environment, as well as the changes in fair
value rules for financial reporting, increase the scrutiny of alternative asset managers by investors,
fund administrators, and auditors.
Hedge fund strategies, such as
Equity Hedge, Event Driven, Macro and Relative
Value, may expose investors to the risks associated with the use of short selling, leverage, derivatives and arbitrage methodologies.
Rebalanced quarterly, the index is comprised of all eligible
hedge fund strategies, including but not limited to
equity hedge, event driven, macro, and relative
value arbitrage, that meet certain criteria include UCITS compliance, net performance reporting, at least biweekly NAV reporting, and at least $ 10 million of assets under management or 6 months of track record.
Oakmark International
Fund: The percentages of
hedge exposure for each foreign currency are calculated by dividing the market
value of all same - currency forward contracts by the market
value of the underlying
equity exposure to that currency.
Oakmark Global
Fund: The percentages of
hedge exposure for each foreign currency are calculated by dividing the market
value of all same - currency forward contracts by the market
value of the underlying
equity exposure to that currency.
Prior, Peter worked in real estate acquisitions for Wexford Capital, a $ 4 billion private
equity and
hedge fund, whose portfolio consisted of over $ 1 billion in property
value during Peter's tenure.
In an interview last year for the film Lo and Behold, he discussed one possible doomsday scenario: «If you were a
hedge fund or private
equity fund and you said, «Well, all I want my AI to do is maximize the
value of my portfolio,» then the AI could decide, well, the best way to do that is to short consumer stocks, go long defense stocks, and start a war.»
The sponsors of private plans must therefore contribute much more for every dollar of promised benefits than governments contribute to teacher pension plans that
value liabilities using an 8 percent assumed return on portfolios heavily weighted with stocks,
hedge funds, or private
equity.
I can say this with a fair amount of certainty because, imagine for a moment how wealthy individuals, Wall Street, banks,
hedge funds, investment companies and private
equity groups will make money if the economy and stock markets stand still or decrease in
value?
About bambooinnovator KB Kee is the Managing Editor of the Moat Report Asia (www.moatreport.com), a research service focused exclusively on highlighting undervalued wide - moat businesses in Asia; subscribers from North America, Europe, the Oceania and Asia include professional
value investors with over $ 20 billion in asset under management in
equities, some of the world's biggest secretive global
hedge fund giants, and savvy private individual investors who are lifelong learners in the art of
value investing.
Join in the penetrating investment dialogues with our existing institutional subscribers from North America, Europe, the Oceania and Asia, including professional
value investors with over $ 20 billion in asset under management in
equities, secretive global
hedge fund giants, and savvy private individual investors who are lifelong learners in the art of
value investing.
With the steep increase in the
value of our dollar compared to other currencies,
hedging against currency fluctuations has become popular and many US and international
equity funds are now available in currency - neutral flavours.
Thus, in the
Equity Hedge category, we classified Equity Market Neutral and Quantitative Directional as quantitative hedge funds and Fundamental Growth and Fundamental Value as qualitative catego
Hedge category, we classified
Equity Market Neutral and Quantitative Directional as quantitative
hedge funds and Fundamental Growth and Fundamental Value as qualitative catego
hedge funds and Fundamental Growth and Fundamental
Value as qualitative categories.
A variety of levered market - neutral
equity hedge funds were running into trouble in August 2007 as they all pursued similar
Value plus Momentum strategies, and as some
fund liquidated, a self reinforcing panic ensued.
The CPP Investment Board sees «no compelling reason to
hedge equity - related currency exposure,» largely because «
hedging would unduly tie
Fund returns to the price of oil and other commodities as they drive the foreign exchange
value of the Canadian dollar.»
Well, actually,
hedge fund / private
equity fund management companies are generally
valued at even higher multiples these days, ranging from 7.5 % to as high as 20 % of AUM.
Many of our
hedge fund clients also call upon our bankruptcy and restructuring expertise in connection with their investments in distressed companies, particularly where litigation plays an important role in protecting or increasing the
value of their debt or
equity investment.
Murray C. Grenville is CEO of Sterling Valuation Group, Inc., which specializes in
valuing alternative, non-liquid assets for
hedge funds, private
equity firms, banks and other financial institutions.