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Peter Douglas CAIA, founder and principal of Singapore-based GFIA pte Ltd, the first hedge fund consulting firm in Asia, sent his commentary to Opalesque:
An Asian institution forwarded Sandra Manzke’s open letter to me. The comments apply to a minority of the hedge fund industry. I agree that it’s the misdeeds of any minority that tarnish the overall community, but equally the industry does need to stress its prevalent integrity.
We (GFIA, looking at right-sized, predominantly Asian and EM managers) haven’t experienced Sandra’s frustrations. We’ve only had one manager restrict redemptions (in March, substantially cleared up by September); we don’t use leveraged managers or...................... To view our full article Click here
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