Contact Information: For further information: Michelle Celarier Editor, AR 212-224-3021 mcelarier@absolutereturn.net
Euromoney Institutional Investor PLC Launches a New Hedge Fund Service - AR: Absolute Return + Alpha
First Edition Showcases the New Hedge Fund Report Card and The Billion Dollar Club
| Source: Euromoney Institutional Investor
NEW YORK, NY--(Marketwire - September 9, 2009) - The newly launched hedge fund publication AR: Absolute Return + Alpha
(AR) will feature a fresh and much needed link between the hedge fund
industry, its users and those who provide advisory, financial, and
technological services to the sector. Industry rankings and profiles that
Alpha and Absolute Return were notable for will be the mainstays of the new
magazine.
See www.absolutereturn-alpha.com for more information.
"The publication will communicate the same informed, insightful, and
exclusive reporting that characterized both Alpha and Absolute Return,
making AR the definitive
title for the hedge fund industry," said Michelle Celarier the Editor of AR.
AR: Absolute Return +
Alpha is a publication of Institutional Investor and HedgeFund
Intelligence, divisions of Euromoney
Institutional Investor, the international publishing and information
company.
The inaugural edition of AR:
Absolute Return + Alpha unveils The Hedge Fund Report Card, which ranks
the top 50 hedge funds on key criteria of concern to investors, based on a
poll of institutional investors and funds of funds.
Investors were asked to rate the top 50 firms in the Billion Dollar Club in
which they are invested by considering the following factors -- alignment
of interest, alpha generation, independent oversight, infrastructure,
liquidity terms and transparency.
Bridgewater ranks highest among investors when all six factors are looked
at collectively. Tudor Investment Corp. and Paulson & Co. followed in
second and third place, respectively, with Highbridge Capital and Taconic
Capital Advisors rounding out the top five spots.
"This survey reveals that alignment of interests is the top investor
concern, even above alpha generation," said Michelle Celarier, the editor
of AR. "This speaks to
the changed power dynamics between managers and investors, who have more
clout than ever before."
The Billion Dollar Club report, which ranks the largest hedge funds in the
Americas (those with more than $1 billion in assets under management),
shows that the industry's pace of decline at the top hedge funds has slowed
dramatically since January. Complete results can be viewed on the web site
www.absolutereturn-alpha.com.
TOP TEN U.S. HEDGE FUND FIRMS - JULY 2009 ARE POSTED ONLINE AT
www.absolutereturn-alpha.com.
Note for editors:
Euromoney Institutional Investor PLC is listed on the London Stock Exchange
and a member of the FTSE-250 share index. It is a leading international
business-to-business media group focused primarily on the international
finance, metals and commodities sectors. It publishes more than 70
magazines, newsletters and journals, including Euromoney, Institutional
Investor, and Metal Bulletin. It also runs an extensive portfolio of
conferences, seminars and training courses and is a leading provider of
electronic information and data covering international finance, metals and
emerging markets. Its main offices are in London, New York, Montreal and
Hong Kong, and nearly half its revenues are derived from emerging markets.