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Securitisation is not dead

Securitisation is not dead

By Michael Heise, chief economist Allianz Group/Dresdner Bank

Sovereign wealth funds

Sovereign wealth funds

An in-depth look at the state-owned sovereign wealth funds that dominate the attention of the world's financial markets

December 2004

Josh Rosenberg

by Julie Dalla-Costa




Josh Rosenberg's hobbies, which include Ashtanga Yoga, skiing and cycling, are a good grounding for the often frenetic and fast-paced world of hedge funds.

He began at Chicago-based Hedge Fund Research (HFR) in January 2002 as managing director in charge of hedge fund research and became president in 2003. Over the past few years he has experienced a lot of change. ?I've seen huge growth in the number of assets in the industry since I've been at HFR,? he says. ?It has been very exciting.? Since he started at HFR, the firm estimates that hedge fund assets globally have grown from about $540 billion to $890 billion at the end of September 2004.

During that time, the estimated number of hedge funds and funds of hedge funds has grown from about 4,500 to 7,200.

Rosenberg's career in hedge funds began in 1997 when he joined hedge...


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