December-January 2013

ThinkingI recently travelled deep into the countryside on a covert mission. I was to meet the semi-retired head of a hugely successful (in terms of long-term performance) fund management company. My brief was to scribble down his secrets for posterity.

WindmillCompetition between fund domiciles is intensifying as the Alternative Investment Fund Managers Directive approaches and hedge fund administrators are upping their game. The Netherlands has emerged as a challenger for alternative investment business, writes Stefanie Eschenbacher.

BooksFrom demographic data to farms and forests, the range of subjects sovereign bond managers must understand seems to be growing, writes George Mitton.

Mike-NiedermeyerCrossing the Atlantic is a challenge for asset managers, no matter on which side the home port is. Stefanie Eschenbacher talks to Mike Niedermeyer of Wells Fargo Asset Management, which strengthened its European product range this year with several new additions.

ShipInvestors are getting more open-minded about European equities, fund managers tell Fiona Rintoul.

Metal ringsThe soar-away price of gold has seen gold exchange-traded commodities leave other metals in the dirt. But India’s plan to spend $1.7 trillion on infrastructure over the next decade might help narrow the gap, writes Nick Fitzpatrick.

Emerging marketsIn the past three years a number of emerging market bond funds hit the market. Performance of this asset class has been good, but fund flows have yo-yoed between vehicles investing in local and hard currency debt. George Mitton reports.

RefiningThe Key Investor Information Document came into force in July and Duncan J Christie, of State Street, suggests ways to polish them.

YachtBonus practice for alternative fund managers are likely to change forever under new regulations, say Nick Robertson and Claire Holland at Mayer Brown.

Ingrid PierceHedge fund managers are grappling with the ever-rising cost of compliance, as the waves of regulation from Europe and the US which followed the global financial crisis are implemented.

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