April 25 2002
Hedge Funds Are Focus Of Latest Informational Media Lunch

Global Equities' interactive media luncheon series continued in New York on April 24th with a session devoted to the growing role of the prime broker in relation to hedge fund client performance. The lunch, hosted by John Dyment and James Rowen, attracted a number of key journalists.

The lunch was the first in a series of Equity Prime Services related sessions and focused on Accessing New Capital and the capital introduction process. Among the topics covered were the results of the recent Equity Prime Services Alternative Investment Survey which polled hundreds of Institutional Investors whose diversified portfolios include hedge fund investments. The survey highlighted an increasing level of investor interest in the hedge fund sector.

Over a dozen reporters from leading publications including the Wall Street Journal, The Economist, Barron's, Financial Times, Business Week, Pensions & Investments, Institutional Investor, Forbes, Fortune, Reuters, Global Custodian, Plan Sponsor and Bloomberg attended Wednesday's session.

The Global Equity Derivatives and Equity Prime Services groups will continue to sponsor a series of press luncheons throughout the summer. David Baker, Global Head of Portfolio Trading, will host the next session on May 8th on "Understanding Portfolio Trading."

Future topics include James Rowen/Andy Chacos/Jon Hitchon on "Demystifying Hedge Fund Transparency: Risk Management Today"; Jeremy Howard, Head of US Convertible Research, on "Current Trends in US Convertibles"; and Tom Jardine, Head of ETF Trading, on "The Uses and Liquidity of ETFs in the Marketplace".

An article about the first interactive lunch, on the options market, was published on April 12th and can be found in the news archive.