After the success of its inaugural Hedge Fund Day in London last year, the Edhec Risk and Asset Management Research Centre, one of the leading academic financial research centres in Europe, will be returning to London for the three-day Edhec Hedge Fund Days 2006 at The Brewery on February 14th, 15th and 16th next.

As the only business conference in Europe that is organised by an academic research centre for the benefit of professionals, the Edhec Hedge Fund Days will allow for constructive interaction and informative exchanges between hedge fund industry professionals and leading academic researchers on alternative investments.

The conference will feature presentations on all of Edhec's most recent research, including:

·         The Sources of Value-Added of Funds of Hedge Funds - Do they create value? Presentation of a study on the 100 largest Funds of Hedge Funds.

·         The Capacity Effect: as the debate continues over the existence or otherwise of a capacity effect in the hedge fund industry, Edhec shows that no formal evidence of a capacity effect has been shown in any serious study of the question.

·         Institutional Investors' Practices in the Area of Hedge Funds: the results of an in-depth survey of the practices of 150 major European institutional investors

The speakers will include Edhec's research specialists and distinguished figures from the institutional investor and asset management worlds.

The Edhec Hedge Fund Days will be three days of debates, workshops and presentations in the heart of the City of London.

To receive an invitation to this conference, please contact:

Mélanie Ruiz - Tel.: +33 (0)4 93 18 78 19 - E-mail: ehfd2006@edhec-risk.com

To visit our website: www.edhec-risk.com