Giovanni Beliossi, Managing Partner and CEO at FGS Capital, weighs in on 2009 Hedge Fund Strategies for Success

Giovanni Beliossi, Managing Partner and CEO at FGS Capital and guest host Ron Ianieri from the Options University weigh-in on CNBC's Martin Soong & Sri Jegarajah, YouTube video --what is the alternative investment industry is doing to cope with the credit crisis.

White Paper by Pershing Confirms Importance of Counterparty Risk Management to Managers

HedgeFunds Review discusses in this latest article that the results of a survey published by Pershing shows us that hedge funds are viewing counterparty risks as a much more important issue than they have in the past. Over 50% of hedge funds surveyed mentioned that they were currently monitoring counterparty risks on a daily basis and of those almost 85% consider it an important business issue.

The economic crisis has put more pressure in the eyes of hedge funds managers to keep a close watch on counterparty risks. Even though more managers are starting to pay attention to counterparty risks, there is still much work to be done on creating a comprehensive automated system. Currently, most hedge funds rely on a manual process to keep track of the counterparty relationships. How is your hedge fund dealing with counterparty risks?

Hedgeweek has also written a similar article.

Madoff investors may have to return profits

In the recent ruling of the Bayou Group, those who cashed out with their interest two years of the collapse of the hedge fund were forced to had back their principle as well as their interest received. This is enough evidence to prove that they saw something wrong with the hedge fund. This could provide a road map for recovering investments in the Madoff hedge fund. Those who invested may have to return their interest, as well as the principal originally invested in the business. For more on the story, read the article here at Newsweek.