Mon, Sep 25, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Cube predicts doubling of institutional investment in hedge funds

Monday, March 07, 2011

By Beverly Chandler, Opalesque London:

London based global alternative investment firm, Cube Capital, has expanded its offering to outside investors, having discovered, since 2008, that investors like what it is offering. In a recent announcement, the firm declared that it expects the average pension fund allocation to hedge funds, which currently stands at 5% in the US and slightly less than that in Europe, to double over the next three years.

Other predictions include that those allocating for the first time will use funds of funds as that does not require additional resources from the plan sponsor or an additional specialist consultant and has been a successful path for their peers and that those increasing their allocations will use a mix of direct hedge funds and niche fund of hedge funds as satellites to complement their existing core exposure with the more generic asset allocator fund of hedge funds.

Peter Madsen, director of business development with $1.2bn Cube Capital explains that the firm was founded in 2003 by three partners from the investment management and banking world to look after the assets of a group of high net worth investors. In 2010, the firm decided to open their services up to outside investors and now 10% of their money under management comes from pensions and charities based in the UK and the US.

"Our experience in 2008 and 2009 made us realise that we had more one of the more competitive offerings around in the market pl......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. iCapital Network enters deal to acquire innovative U.S. private equity access fund platform from Deutsche Bank[more]

    Komfie Manalo, Opalesque Asia: Financial technology platform iCapital Network has entered into a definitive purchase agreement to acquire the US Private Equi

  2. Asia - Hedge funds used to love shorting China. Now, not so much, Fledgling China FoFs require careful use: NCSSF, Amac, Japanese banks turn to PE, hedge funds for returns[more]

    Hedge funds used to love shorting China. Now, not so much From Bloomberg.com: A sharp devaluation. A credit crisis. And an economic hard landing. That's what some of the biggest names in the hedge fund industry were predicting for China after the nation's stocks and currency tumbled in 2

  3. Launches - Orchard launches new credit platform, ETN based on hedge fund to launch on the LSE[more]

    Orchard launches new credit platform Orchard Platform has rolled out Deals as a part of its new platform launch. With the addition of Deals to their suite of technology solutions for loan originators and institutional investors, Orchard Platform takes the next step in their evolution. De

  4. Neuberger Berman closes $1.1bn Credit Opportunities Fund[more]

    Neuberger Berman, a private, independent, employee-owned investment manager, announced that NB Private Equity Credit Opportunities Fund LP closed on $1.1 billion of limited partner commitments. The Fund seeks to invest in the secured and unsecured debt of private equity-backed companies, primarily i

  5. Capital Dynamics launches mid-market private credit business[more]

    Capital Dynamics, a global private asset manager, has launched a dedicated Private Credit Asset Management business. Experienced industry executives Jens Ernberg and Thomas Hall have joined Capital Dynamics to co-lead the company's new private credit initiative. They are based in Capital Dynamics' N