the Gap Between Academic Research and Applied
Finance the ICMA Centre and Eurekahedge
The ICMA Centre from the University of
Reading, UK and Eurekahedge are pleased
to announce a joint initiative to develop
working papers on the hedge fund industry.
The motivating factor for this partnership
is the combined desire to encourage an appropriate
risk management approach to alternative
investments while bridging the gap between
academic research and applied finance.
Research at the ICMA Centre focuses on
quantitative finance, market microstructure,
fund management, risk management and regulation;
hence papers will focus on topics ranging
from statistical analysis to portfolio construction
of fund of funds. Highlights of the best
research will be included in the Eurekahedge
and ICMA Centre websites.
University of Reading ICMA Centre
The ICMA Centre was formed in 1991 through
a unique relationship between the International
Securities Markets Association (ISMA) and
the University of Reading to develop research
and teaching focused on securities markets,
their products and operation. The Centre
now offers five degrees, a flourishing PhD
programme and a highly rated research base.
The success of the Centre has recently been
recognised by ICMA, which agreed to another
major donation to expand the ICMA Centre's
building. Following this donation, ICMA's
contribution to the Centre will total over
£10 million, making it the largest
single corporate donor to any European business
school. The International Capital Markets
Association (ICMA) was formed in July 2005
by the merger between ISMA and IPMA.
Eurekahedge is a leading alternative investment
consultancy company focusing on research,
publications and capital introduction. It
was founded in 2001 and currently employs
60 people in Singapore, Hong Kong, London
and New York. With a database of over 7500
hedge funds and over 150 hedge fund indices,
Eurekahedge is one of the most widely used
and quoted alternative research houses worldwide.