Hedge Fund Sidecars Disrupt Reinsurance Market

reinsurance_with_frame

By Brian Schneider and Matthew Noll of Fitch Ratings   The expansion of alternative capital sources within the reinsurance market is likely to contribute to lower returns on equity across the reinsurance sector and sustain the market’s M&A wave, particularly among Bermudan firms, says Fitch Ratings. Alternative sources of capital push the sector’s capitalization levels […] Read more »

The Big Hedge Fund Stories from 2011

Although individual news items can have can have historical significance (such as story 1 below) the effort here is more to point to the themes and trends at work in the hedge fund industry last year. Here are my top stories for 2011: Bruce Kovner 1.  Big Name Retirements – two of the best known […] Read more »

The Dangers of Mixing the Functions in a Hedge Fund Management Company

In an in-depth due diligence questionnaire of a hedge fund manager there is often a question about the outside business interests of the principals. For an organisation with a broad team of decision makers managing investments this is less of a concern. To the extent that there is a single presiding talent who sets the […] Read more »