From today’s FT. HNW continue to flee hedge funds leaving an industry that is “more North American and more institutional.” Selected excerpts: “Rich Europeans, who were the first to invest in hedge funds and once comprised the majority of investors, have been the first to exit in the downturn, according to a
... Read more »Posts Categorized: Hedge Fund Assets
Prime Brokerage Cap-Intro – Insiders Perspective Mar20
We recently announced a strategic partnership with Lighthouse Prime Services. We are excited about the opportunity as we are working with a group that recognizes that in order to do “cap-intro” correctly, you need to work with people that are talking to investors every day. For years, we heard the common refrain that,
... Read more »What happens when 30% of 50% goes away? Mar11
While hard data on the hedge fund industry is hard to come by, it is commonly understood that 50% of single manager money comes from FOFs. According to Hedgeworld, 30% of that 50% is gone, with significant implications for raising new capital. To name a few: – consolidating positions – knock-on redemptions – legitimate concern
... Read more »Hedge Fund Asset Prognosticators Sound Off Jan26
Morgan Stanley offers its forecast on the hedge fund AUM trajectory. From Hedgeworld. Hedge Fund Assets Seen Down 37% in ’09: Analyst By Reuters Monday, January 26, 2009 NEW YORK (Reuters)—Tough times may not be over for a hedge fund business that suffered big losses and saw total assets shrink
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