Wed, Oct 1, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Preqin study shows institutional investors largely disappointed with hedge fund returns

Friday, August 10, 2012

Beverly Chandler, Opalesque London:Research group Preqin has conducted a study of hedge fund investors based globally, seeking to establish whether their attitudes to hedge funds have changed after what has been a 'tumultuous period’ and 'testing times’ for the hedge fund asset class.

In July 2012 Preqin conducted extensive interviews with 85 institutional investors based around the globe, representing a cross section of institution types and sizes, from North America to emerging economies in Asia. Investors were asked to share their thoughts on the hedge fund industry and how they view the performance of their hedge fund portfolios in light of the recent disappointing returns being posted by many funds.

Their research found that over the last 12 months, only 5% of investors have seen returns exceed their expectations, against earlier years when some 19% had returns that exceeded their expectations. The dissatisfaction figure was the highest seen and, Preqin claims, reflects the challenging conditions and growing concerns from investors over the ability of hedge funds to achieve returns and satisfy the performance requirements of their investors.

Few investors revealed increased confidence in the sector, against the 2011 findings when 20% were more confident about the asset class. Nearly 25% found that their confidence in the ability of hedge funds to ......................

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. Socially responsible investments grow in demand, but performance questions persist[more]

    Komfie Manalo, Opalesque Asia: A study by financial services firm TIAA-CREF showed that interest in socially responsible investing (SRI) is increasing rapidly, but investors are still asking if investing in an SRI strategy

  2. Regulatory - Ireland launches structure for passporting loan origination funds within EU[more]

    From Asiaasset.com: The Irish Funds Industry Association (IFIA) has introduced new loan origination capabilities that will offer Asian managers and investors a new structure under the European Union’s (EU’s) Alternative Investment Fund Managers Directive (AIFMD). The new structure will allow the mar

  3. Europe - Ed Miliband's war on hedge funds could damage City of London[more]

    From Telegraph.co.uk: Ed Miliband’s plans to wage war on hedge funds could be potentially more damaging to the City of London than even the financial transaction tax (FTT), senior banking sources warned on Tuesday night. The Leader of the Opposition took aim at a number of industries as part of his

  4. News Briefs - SEC probes Pimco ETF over pricing irregularities, BEPs: Action plan released and UK first to adopt country-by-country reporting[more]

    SEC probes Pimco ETF over pricing irregularities The Securities and Exchange Commission is investigating Pimco’s pricing of exchange traded funds, the latest cloud to hang over the world’s largest bond manager, which has been dogged by poor performance and management infighting. Pimco on

  5. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is