CFA Institute Alternative Investments

Hedge Funds in Asia: The Crocodiles Are Coming

Thu, 12 Jan 2012 09:15:45

The author discusses why hedge funds in Asia have not been very popular and what hedge funds need to overcome before they are attractive to investors. The author postulates that a decline in Asian equity and property prices may be necessary before Asian ...

Returns to Private Equity?Idiosyncratic Risk Does Matter!

Fri, 20 Jan 2012 10:30:34

Business owners have a large share of their net worth invested in private equity. The author finds a positive association between U.S. owners? share of net worth invested in the private equity of their companies ...

10 Myths about Financial Derivatives

Fri, 20 Jan 2012 10:32:42

Thomas Siems, of the Federal Reserve Bank of Dallas, describes why he thinks the derivatives market is healthy and why fears of catastrophic risk are overblown.

Venture Capital Fund Performance

Thu, 26 Jan 2012 13:59:23

The authors study venture capital (VC) fund performance. The funds substantially outperformed the listed equity market during the study period, but the returns were susceptible to a high degree of volatility and skewness. The ...

How Do Private Equity Investors Create Value? A Summary of Findings from Ernst & Young?s Extensive Research in North America over the Past Four Years

Thu, 02 Feb 2012 13:16:23

Analyzing a dataset of private equity exits in North America over four years, the author determines factors that contribute to value creation. More than one-half of total value creation was a result of strategic and operational improvements. The author ...

The Trouble with Case-Shiller

Fri, 03 Feb 2012 11:14:08

Author describes the flaws with the Case-Shiller Index and why they are giving misleading view of home prices and market activity.

Systemic Risk and Hedge Funds

Fri, 03 Feb 2012 11:23:24

Authors argue that risk exposures of hedge fund industry have a material impact on the banking sector.?Authors predict a period of lower expected returns and greater systemic risk looking forward

Top Trading Ideas for 2012

Wed, 11 Jan 2012 16:03:49

Top Trading Ideas is a unique opportunity to hear a range of innovative ideas from some of the top practitioners within the industry. CFA UK has invited 8 leading professionals to provide brief insights into investment ideas that may generate value in ...

3rd Annual Alternative Investment Outlook Forum

Wed, 11 Jan 2012 16:05:33

CFA Vancouver, CAIA Canada chapter in Vancouver, and PRMIA are pleased to present the Third Annual Alternative Investment Outlook Forum. The forum will see panelists from across the alternative investment industry present sector results from 2011 and an ...

Investing in Art

Mon, 30 Jan 2012 10:57:12

With stock market volatility and sovereign debt woes driving investors toward real assets, art is an increasingly popular way to add depth and diversification to a traditional investment portfolio. In this presentation, Pierre Baudot will provide an ...

Opportunities in Distressed Credit Investing

Wed, 01 Feb 2012 16:09:15

Howard Levkowitz is a Co-Founder and Managing Partner of Tennenbaum Capital Partner, LLC (TCP). TCP is a leading multi-strategy alternative investment management firm focused primarily on credit opportunities. The firm has over $4.5 billion under ...

Oil Sands Financial Modeling

Mon, 30 Jan 2012 11:20:16

This intensive two day course focuses on designing and creating an interactive financial model of an oil sands project that adheres to the highest industry standards. Participants learn to create powerful and clearly-designed models for both mining and ...

Natural Gas and Power Linkages

Thu, 26 Jan 2012 11:16:43

35 years ago we were running out of natural gas; 25 years ago we had a bubble; 10 years ago we needed LNG; and today we want to export LNG. Shale gas changed everything ? perhaps. Gas use in power generation has increased over the last 10-15 years ...

Bull vs. Bear - Gold

Thu, 26 Jan 2012 11:11:52

Gold is a chemical element represented by the symbol Au. It is a metal that has a bright yellow luster. In addition to its industrial uses over the ages, gold has also served as a medium of exchange. In recent times, gold has received a great deal of ...