Spezial-Sondervermögen mit zusätzlichen Risiken

English translation: institutional hedge funds

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Spezial-Sondervermögen mit zusätzlichen Risiken
English translation:institutional hedge funds
Entered by: Iris Schlagheck-Weber

13:38 Jul 16, 2008
German to English translations [PRO]
Bus/Financial - Investment / Securities
German term or phrase: Spezial-Sondervermögen mit zusätzlichen Risiken
"Besondere Vertragsbedingungen zur Regelung des Rechtsverhältnisses zwischen den Anlegern und [investment company] (nachstehend "Gesellschaft" genannt) für das von der Gesellschaft aufgelegte **Spezial-Sondervermögen mit zusätzlichen Risiken** XYZ Fund, die nur in Verbindung mit den für das jeweilige Sondervermögen aufgestellten "Allgemeinen Vertragsbedingungen" gelten."

Spezial-Sondervermögen are "special funds" and Sondervermögen mit zusätzlichen Risiken are "hedge funds", but what is the correct translation of the aforementioned term???

Thanks a lot for any help.
Iris Schlagheck-Weber
Local time: 10:54
Institutional hedge funds
Explanation:
This is a defined term under german investment law so there is by definition no exact equivalent but it is clear that the significance of the 'Spezial-' prefix is that such funds are not available to private investors and have various accounting and other advantages for incorporated investors:

http://www.lbb-invest.de/index.php?goto=InformationenzuSpezi...

Maybe 'institutional' as a general term with some kind of note/reference to the fact that this is a defined vehicle under German law rather than the generalised English term?

http://blog.tertium.biz/2007/05/institutional-hedge-funds.ht...
http://allaboutalpha.com/blog/2008/02/04/top-institutional-h...

Selected response from:

Kieran McCann
United Kingdom
Local time: 09:54
Grading comment
Thanks a lot, Kieran. Your proposed translation was finally confirmed by my client.
4 KudoZ points were awarded for this answer



Summary of answers provided
3funds of hedge funds
Ingrid Moore
3Institutional hedge funds
Kieran McCann


  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
funds of hedge funds


Explanation:
Funds of Hedge Funds: Mix and match hedge funds and other pooled investment vehicles. This blending of different strategies and asset classes aims to provide a more stable long-term investment return than any of the individual funds. Returns, risk, and volatility can be controlled by the mix of underlying strategies and funds. Capital preservation is generally an important consideration. Volatility depends on the mix and ratio of strategies employed. Expected Volatility: Low - Moderate - High;
http://www.magnum.com/hedgefunds/abouthedgefunds.asp#fundofh...



Ingrid Moore
Local time: 10:54
Native speaker of: German
PRO pts in category: 4
Notes to answerer
Asker: Danke!

Login to enter a peer comment (or grade)

1 day 2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
Institutional hedge funds


Explanation:
This is a defined term under german investment law so there is by definition no exact equivalent but it is clear that the significance of the 'Spezial-' prefix is that such funds are not available to private investors and have various accounting and other advantages for incorporated investors:

http://www.lbb-invest.de/index.php?goto=InformationenzuSpezi...

Maybe 'institutional' as a general term with some kind of note/reference to the fact that this is a defined vehicle under German law rather than the generalised English term?

http://blog.tertium.biz/2007/05/institutional-hedge-funds.ht...
http://allaboutalpha.com/blog/2008/02/04/top-institutional-h...



Kieran McCann
United Kingdom
Local time: 09:54
Specializes in field
Native speaker of: English
PRO pts in category: 72
Grading comment
Thanks a lot, Kieran. Your proposed translation was finally confirmed by my client.
Notes to answerer
Asker: Thank you, Kieran.

Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search