Wed, Dec 7, 2016
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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released