Author Archives: admin

A quick view on Solvency 2

From really bad to a bit better but still…. Solvency 2 is about the regulatory capital Insurance companies have to put against their investments portfolio that back up their potential liabilities. Hedge Funds are classified as “Equities” as far as riskiness is … Continue reading

Posted in Investors, Markets and Regulations | Tagged , | Leave a comment

OWL quick note on SEC registration

Among other fine articles in FTfm this Monday, you will have noticed Countdown to Registration, which deals with the obligation for most investment managers in this country to obtain SEC registration by mid-July. Understandably, there is a great deal of … Continue reading

Posted in Compliance, Markets and Regulations, Uncategorized | Tagged , , , | Leave a comment

Just a few points on UCITS

I sat in a seminar the other day where UCITS and more specifically Alternative UCITS were discussed and it became quite clear to me that there were a few misconceptions flying around. I just wish to clarify a few points: … Continue reading

Posted in Risk Reporting, UCITS | Tagged , , , , | Leave a comment

An Offer from the wise OWL…

Advisory & Consulting Service Service description The service provides investment firms with a combination of regular and on-demand advice and briefings. Focused on FSA and European regulation, the purpose of the service is to assist firms to keep up to … Continue reading

Posted in Compliance | Tagged | Leave a comment

UCITS Upgraded – Could this be a genuine benefit from the EU?

UCITS Upgraded – Could this be a genuine benefit from the EU? Aware that I am even more Euro-sceptical than most, it is really quite rare for me to suggest that an EU action might genuinely provide a benefit, either … Continue reading

Posted in Markets and Regulations | Tagged , , , | Leave a comment

The Remuneration Code – the policy is now clear

The Remuneration Code – the policy is now clear Few will be unaware that the Remuneration Code, originating from G20, codified by the European Commission and enacted by the FSA, is about to strike. The European directive – CRD3 – … Continue reading

Posted in Markets and Regulations | Tagged , , , | Leave a comment

Implementing the Remuneration Code

To be implemented by Jan 1st It is no surprise really that CP10/19 has received more attention than the FSA’s other eighteen consultation papers this year put together. Remuneration is a big issue and a political hot potato into which … Continue reading

Posted in Markets and Regulations | Tagged , , , , | Leave a comment

Implementing the Stewardship Code

Heard of the Stewardship Code? The prize for the least well sign-posted rule change must surely go to the FSA’s work on the Stewardship Code. Indeed so obscure was the FSA’s publication of the new rule, that the probability must … Continue reading

Posted in Markets and Regulations | Tagged , , , | Leave a comment

What should we expect from VaR?

In this post we will discuss what VaR is, why it is used and what it can – and cannot – tell us; from a user point of view. VaR has three main goals: It puts a figure on the … Continue reading

Posted in Risk Metrics | Tagged , | Leave a comment

αpolloTM liquidity

Apollo Liquidity is a portfolio of managed accounts structured using an original methodology and designed to produce resilient performance with limited drawdown risk. The portfolio aims to provide low correlations and stable returns through our rigorous portfolio construction process. Our … Continue reading

Posted in Hedge Fund Portfolio Construction | Tagged , , , | Leave a comment