Mon, Mar 27, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Gottex, other hedge fund managers optimistic about business objectives but wary of uncertainties and ready for more consolidation

Monday, April 18, 2011

Benedicte Gravrand, Opalesque Geneva:

Gottex’ statement for its Annual General Meeting today reflects the industry’s stance by and large, namely that it believes it will achieve its investment objectives despite the macro-economic uncertainties – of which it is very wary, and that it is ready for more consolidation.

Optimism at Gottex Joachim Gottschalk, Chairman and CEO of Gottex Fund Management, apparently feels optimistic. At today’s meeting, during which the company will adopt its annual financial statements, re-appoint auditors, and re-elect some of the directors, he is expected to make encouraging statements.

Gottex, an independent global alternative investment management group incorporated in Guernsey, had $8.5bn of total fee-earning assets as of end-Feb-11. Assets grew by more than $1bn during the last nine months (details).

"In general, 2010 was a positive year for hedge fund returns, although the absolute level was affected by the reversal in global financial markets in the second quarter of the year," Gottschalk will say. "We saw asset flows for the hedge fund and fund of hedge funds industry turn positive during the year, indicating the re-emerging interest in our asset class. Regionally, this was led by the US, with client activity in Europe recently picking up. With regards to Asia, Gottex believes......................

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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He