ALTERNATIVE INVESTMENT NEWS

The future will (not 'may') hold many surprises, and some could make a huge difference to our world view.  However, here are our thoughts on how the hedge fund world may pan out over the next 2-3 years. In summary, the hedge fund world will (i) see higher returns (ii) see strong new manager formation (iii) be dominated by small boutique...
AUCKLAND, NEW ZEALAND; December 15, 2008 - The New Zealand Absolute Return Association (NZARA) today announced their endorsement of the Chartered Alternative Investment Analyst (CAIA) designation. Said NZARA's Chairman, Anthony Limbrick - "NZARA's endorsement of the CAIA designation is further evidence of our ongoing commitment to encouraging...
Critics of hedge funds often argue that industry growth has had two negative side-effects: firstly, that less-skilled managers have been attracted to the sector and second, that the number of alpha-generating opportunities has not kept pace with asset inflows.  Assuming these are true, then it could be argued that recent industry shrinkage...
January 8, 2009: (Amherst, MA. USA) - The CAIA Association today named a series of new staff appointments to help support the association's programs and initiatives. The new appointments include Hossein Kazemi, Tom Porter and Bert Cliche. Dr. Hossein Kazemi Ph. D. CFA has been named the Managing Director for the CAIA Program. He will be...
A recent members-lunch hosted by the Chartered Alternative Investment Analyst (CAIA) Association featured a presentation by the managing director of one of India's largest private equity and real estate investment firms.  That got us wondering about the state of the alternative investment industry in the world's largest democracy.  So we...
English version  /  Spanish version The Source for the Future George Soros   The CAIA designation certifies knowledge of alternative investments at an international level.  At this time, only 23 people have obtained the designation in Spain. The alternative investment boom in which we are living is not only at the...
  ...Indeed, the failure of Sowood was one of the first indicators of a major shift in the risk tolerance of the markets, as uncertainty over the U.S. housing market raised fears among investors holding collateralized debt obligations, a hodgepodge of securitized consumer loans parsed into investment - and subinvestment-grade tranches,...
  It's that time of year when grads flood the job market, but they may find the PE space crowded Walking through Harvard Square midweek, there was a palpable sense of hope and enthusiasm for the future. Grounds workers were hanging crimson flags on poles, tidying up the ivy and making sure the venerable educational institution was on its way...
  "Survey of Hedge Fund Professionals: 130/30", posted May 4 on AllAboutAlpha.com Kathryn Wilkens, Ph.D., CAIA Director of Curriculum, the Chartered Alternative Investment Analyst Association Last month, 440 CAIA members responded to a survey on 130/30 funds and I presented the results at Terrapinn's 130/30 conference in Santa Monica. The...
  "HF and PE Managers Square Off on Implications of Credit Squeeze", posted May 9 on AllAboutAlpha.com Sergio Miguez Martin, CAIA The former head of the pension for a large US state has suggested the value provided by funds of funds has increased as a result of market turbulence.  Al Samper, former Head of Virginia...
The CAIA Association is pleased to introduce the CAIA member Class of March 2008. Over 550 CAIA candidates successfully completed the Level II exams in March and joined the CAIA membership ranks as official CAIA designees. Our most sincere congratulations to all. Class of March 2008
  CAIA Association Names Steve Wallace Associate Director of Industry Relations - EMEA   AMHERST, MASS; June 11, 2008 -The Chartered Alternative Investment Analyst (CAIA) Association® today named Steve Wallace its Associate Director of Industry Relations for  Europe, Middle East, and Africa.  Mr. Wallace will help grow and...
  "Academic Rains on Weather/Return Correlation Parade", posted May 29 on AllAboutAlpha.com Wessel Marquering, Ph.D., CAIA Talergroup As readers of this website are no doubt aware, weather derivatives trading is taking off - with trading volumes going through the roof and more hedge funds venturing into this space. Basically, a weather...
  "Commodities Not About 'Buy and Hold'", posted June 29 on AllAboutAlpha.com Keith Black, CFA, CAIA Associate, Ennis Knupp + Associates From AllAboutAlpha.com: With so much interest in commodities, we thought this might be a good time to revisit the rationale for so-called "managed futures" funds. But as Keith Black, CAIA, of consultant...
FOR IMMEDIATE RELEASE   CONTACT: Kristina Ferrari/Amara BirmanDukas Public Relations (212) 704-7385 Kristina@dukaspr.com Amara@dukaspr.com Chartered Alternative Investment Analyst Association (CAIAA) Certifies 550 New Members Despite Challenging Markets, Investment Professionals Continue to Seek Enhanced 'Alternatives' Education and...