DGAM Addresses Global Absolute Return Congress
Why We Think There are Good, But Different, Days Ahead for Hedge Funds (White Paper)

(May 2009) On May 11, George Main, DGAM's CEO and CIO addressed the Global Absolute Return Congress in San Francisco.  Following is a brief overview of Mr. Main's address.

Unlike many market pundits and observers who are declaring hedge funds dead, we think the opposite is true.

1. Hedge funds are likely to play a bigger role because there are no other market participants willing or able to hold active risk-based positions.
2. We believe the way that hedge funds will participate in markets is also changing, to include new relationships with all stakeholder groups, increased transparency, and differing risk and return expectations.
3. We believe that strong hedge funds and their strongest investors will seize the day and forge new and more stable working relationships to capitalize on attractive investment opportunities. 

The full transcript of Mr. Main's address can be found in the Reports section of this website. 

George Main appointed to Investors' Committee to advise the President's Working Group on Financial Markets

(September 2007)  On September 27, the President's Working Group on Financial Markets announced the creation of two private sector committees comprised of asset managers and investors that will advise the group.  George Main, CEO and CIO of DGAM, was appointed as a representative on the Investors' Committee.  One of the first tasks of this committee is to develop best practices guidelines for investments in hedge funds.  See http://www.ustreas.gov/press/releases/hp575.htm  for the full text of the press release. 

DGAM Addresses Global Absolute Return Congress
Achieving an Optimal Balance in Hedge Fund Investing (White Paper)

(October 2006)  On October 23, George Main, DGAM's CIO and CEO addressed the Global Absolute Return Congress in Boston.  Following are highlights from Mr. Main's address.

We have observed that once investors gain knowledge and confidence in hedge fund investing through investments in fund of hedge funds, many decide to implement hedge fund strategies directly and hire their own resources internally.

Our principal thesis in light of this observation is that the next stage of evolution should be for investors to combine a direct investment portfolio with an evolved fund of hedge funds that can add bandwidth today and extend an investor's capabilities in the future.  In this way, the scope and scale of an investor's hedge fund allocation can be expanded and a richer universe of opportunities can be accessed.  Unique alternative investments include strategies such as structured finance, asset-backed securities, reinsurance, energy, emissions, and weather.

In summary, such a fund of hedge funds partner should demonstrate:

1. the quantitative and qualitative ability to identify and evaluate less well understood strategies and idiosyncratic investment opportunities;
2. the capacity to work creatively with clients and fund managers to structure and deliver them; and
3. have effective communication skills in sharing information and ideas that allow the manager and client to become more knowledgeable, grow and become better investors.

The full transcript of George Main's address can be found in the Reports section of this website

DGAM Opens New York Office

(July 2006) Diversified Global Asset Management (DGAM) has opened an office in New York to better serve a growing roster of U.S. clients.

DGAM Sponsors 2006 Global Absolute Return Congress

(July 2006) DGAM is a sponsor of the 4^th Annual Global Absolute Return Congress in Boston between October 23 and 25, 2006. This is one of North America’s most important conferences on hedge fund investing.

George Main, DGAM’s Chief Executive Officer and Chief Investment Officer, will speak on the evolution of funds of hedge funds investing for institutional investors, emphasizing the importance of selecting an active manager with the expertise to evaluate and select cutting-edge hedge strategies and act as a strategic partner.

Mr. Main will also participate in a roundtable discussion designed to assist pension plans in selecting the right fund of funds to match their investment goals.