Thu, Apr 24, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Preqin: Sovereign funds like hedge fund managed accounts

Thursday, April 12, 2012

Benedicte Gravrand, Opalesque Geneva: Sovereign wealth funds (SWFs) are, for hedge funds, institutional investors with big potential.

According to an article in Preqin’s latest newsletter, which looks at their investment preferences, SWFs currently manage an aggregate $4.62tn (up from $3.05tln in 2008). 38% of SWFs invest in hedge funds (compared to 36% in 2011 and 37% in 2010) and a further 2% are considering allocating for the first time. The average total assets of SWFs that have investments in hedge funds stands at approximately $136bn.

TheCityUK’s Sovereign Wealth Funds 2012 report, which came out in February, notes that the assets held by SWFs climbed 9% to $4.8tln in 2011. The financial advisor expects SWFs’ assets to grow to $5.2tln by the end of 2012, as inflows from trade surpluses and commodities’ exports continue. And the SWF Institute recently reported that the combined AuM in SWFs had gone from $4.55tln in March 2011 to $4.96tln in March 2012, thanks to surge in global oil prices and a relative stabilization in the prices of other asset classes, Emirates247 said.

According to Preqin, a global research house......................

To view our full article Click here

Banner
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. …And Finally – Flight attendant has passengers rolling in aisle[more]

    From Orange.co.uk: A video of a US flight attendant turning her safety talk into a comedy routine is proving a huge hit online. More than five million people have watched the clip of Marty Cobb which has her passengers rolling with laughter on a Southwest Airlines flight to Salt Lake City.

  2. Niche Investing – Wealthy investors flock to fine art funds[more]

    From Clickorlando.com: Wealthy investors looking to diversify beyond stocks and bonds are now turning to an unusual money-making vehicle -- the art investment fund. The name says it all: These funds invest in fine art and seek returns by acquiring and selling high-end pieces for profit. Growth

  3. Opalesque Exclusive: Rainwater and Blue Sky - an Australian water fund emerges[more]

    Bailey McCann, Opalesque New York: Financial reporters often tout new funds and investments as uncorrelated investments, but few can say they are uncorrelated to everything but weather. Enter Blue Sky Alternative's water fund which invests in the permanent rights to Australia's water. Sev

  4. University of Michigan allocates $242m to six managers[more]

    From PIonline.com: University of Michigan, Ann Arbor, invested or committed a total of $242 million to one traditional equity manager and five alternative investment funds from its $9 billion endowment. University regents approved the hire of Mittleman Investment Management to run $35 million in act

  5. Performance – Odey flagship hedge fund suffers brutal March as shorts rise, Blackstone first-quarter profit rises 30% on higher fees[more]

    Odey flagship hedge fund suffers brutal March as shorts rise From Valuewalk.com: The tide has turned for the worse for one of Europe’s best performing hedge funds. Crispin Odey’s flagship hedge fund, Odey European has suffered a 4.63% decline for the year after slipping 7.2% in March, ac