•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

From Kirsten Bischoff, Opalesque New York:

According to research by the team at Credit Suisse Tremont Hedge Fund Index, long/short equity funds saw net inflows of $3bn during Q309, making the strategy the most popular with investors during this market environment.

Investors reallocating into hedge funds are looking for different things than they were 18 months ago. For allocators such as The Kenmar Group, the approach to finding managers has changed. “We are looking for people that are approaching the market as more nimble “traders,” because we don’t believe that in this environment it is very easy to judge the future,” Ken Shewer, Co-CIO and Co-CEO said at the most recent Opalesque Roundtable (Connecticut).

This shift in approach to hedge fund investing along with the returning interest focused on long/short equity has made 4Q09 a very attractive time to roll out the launch of a new fund. Opalesque has learned of three such long/short funds becoming available. Massachusetts-based Laurel Capital is entering the pre-launch phase, while New York-based firms Clear Investments launch their first fund and PSigma Asset Management (USA) moves its fund from its internal incubation status to outside investments.

PSigma incubator launches to external investors “For us, it was a good time to incubate the strategy and get everything righ......................

To view our full article Click here