The private equity industry belief in the persistence of returns is a fallacy, according to a research report from AARM Corp. Analytical selection of new managers, the authors say, overwhelmingly trumps the advantages of relationship access to existing managers in good private equity fund management.
In this paper, SVB Capital identifies and discusses five areas of consideration that demand increased due diligence when considering a general partner: team dynamics, investment strategy, cash flow management, performance attribution and alignment of interests.
Thanks to the considerable capital reserves of many private equity funds and the need of many companies to restructure and improve efficiency, private equity is alive and well. This report from Deutsche Bank examines the state of private equity and suggests this may be a good time to invest in this asset class.
In reaction to the volatility in the current financial markets and economic recession, FOX is exploring ways in which ultra-wealthy individuals and their advisors are adjusting their financial strategies and re-evaluating known and emerging risks. This 2009 FOX Financial Executives Forum presentation examines how investor thinking has changed and what it means for the advisor-client relationship.
New research from Frontier Market Asset Management finds frontier markets are much more likely to be influenced by local politics and economic conditions than by the prices of three major commodities (oil, copper and gold). To the report's author, this means frontier markets offer useful diversification for global portfolios.
With market turbulence and a down economy, investors may be searching for safe-harbor assets. The Artist Rare Instrument Fund makes the case for considering antique Italian violins and cellos as assets with steady, long-term capital appreciation. The article offers suggestions for moving into the market as a private investor or someone who buys into a fund that invests in rare instruments.
A new report from Origami Capital Partners makes the case for purchasing hedge fund interests on a secondary basis. The author not only explains how the hedge fund secondary market works but also examines the benefits and challenges of investing in that market.
Emerging market local currency-denominated debt is a relatively new asset class that offers the potential for strong returns with low correlation to the returns of other asset classes. BNY Mellon Asset Management provides answers to a dozen common questions about this type of debt.
No asset class, except government bonds, has protected investors from the credit crisis. But that does not mean diversification has failed investors, according to this analysis by Barclays Global Investors. The authors explore investors' flight to quality as a risk factor affecting current returns and explain why investors should diversify across types of risk as well as across asset classes.
CBRE Investors views about real estate investment opportunities.