Do Boston hedge funds co-exist, converge or collide with the large traditional asset managers?
Online, June 21, 2010 (Newswire.com) - One of the surprising results was that the majority of hedge funds within the Boston alternatives community did actually not come from Fidelity, State Street or any of the myriads of large, established asset management organizations, but rather spun out of Harvard and the related endowment universe.
In this Roundtable script, readers learn more about:
• ... the structural issues that may prevent established firms like Fidelity Investments from
broadly adopting alternative investment strategies
• ... the role, evolution and impact of electronic trading, which has made the market more democratic and allows a startup to be "on par" with institutions running a $100 million budget
• ... a small firm in Duxbury (MA) that trades around 1% of the total U.S. listed option volume - every day
• ... details on a joint venture between a hedge fund and traditional firm - a model for the future?
• ... how Boston based hedge funds participate in the wave of mutual fund launches that follow a classic hedge fund strategy (and a discussion about alpha/beta of those mutual funds)
• ... how Cambridge Associates, one of the largest and oldest consultants focusing on hedge funds, is expanding their model and work with more hedge funds than before
• ... a discussion about the implications and consequences of pension money flowing into hedge funds
• ... the truth about "activist investing" - what really works and what doesn't
• ... insiders' views about what really happened on May 6th, the day the Dow dropped 1000 points.
The Opalesque Boston Roundtable was sponsored by NYSE Liffe U.S. and the Opalesque 2010 Roundtable Series Sponsors Custom House Group and Taussig Capital. The following experts participated at the Roundtable:
• Tim Krochuk, Managing Director, GRT Capital Partners
• Eric Brock, Founder and PM, Clough Capital
• John Fox, Director, Client Portfolio Manager, PanAgora
• Alec Petro, Managing Partner, Bay Hill Capital Management
• Kevin Divney, Chief Investment Officer, Beaconcrest Capital Management
• Todd Bourell, Partner, ValueAct
• Charlie Cassidy, Cambridge Associates
• Thomas Callahan, CEO, NYSE Liffe U.S.
Matthias Knab, founder of Opalesque and internationally recognized expert on hedge funds and alternatives, moderates the Opalesque Roundtables. The Roundtable can be downloaded for free at: http://www.opalesque.com/RT/RoundtableBoston.html. All other previously published Opalesque Roundtable Scripts can be accessed here:
http://www.opalesque.com/index.php?act=archiveRT
About Opalesque:
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