Wed, Aug 24, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Pfaeffikon talking (2): Swiss funds of hedge funds industry’s market share stands at 22%

Tuesday, October 02, 2012

amb
Prof. Dr. Peter Meier
Benedicte Gravrand, Opalesque Geneva:

Hedge funds really suffered during the financial crisis, and one may be tempted to say that this one was very different. But be careful, warned Prof. Dr. Peter Meier, head of the Centre of Alternative Investments & Risk Management, ZHAW Zurich University of Applied Sciences, during an IIR conference in Pfaeffikon, Switzerland, last week. Nothing is really different from the past.

The lesson for Swiss hedge funds and funds of hedge funds (FoHF) is found in the initial problem, which he thinks was a "capital flow bonanza." Too much capital flowed into the industry leading it to a bubble bursting. Times will not be so different in the future. Going back a bit, he said, Switzerland was very innovative in the Eurobond market, the gold market, the mutual funds and the FoHF industries. Each of these fields lost to other financial places in the past decade.

Commenting on systemic transparency, Meier noted that almost all academics agree that more information about these markets is very important. The aim of ZHAW, for example, is to provide more transparency to the public about the Swiss FoHF industry......................

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. LatAm hedge funds surge in 1H to +24.4%, emerging markets assets rise[more]

    Komfie Manalo, Opalesque Asia: Hedge funds investing in Latin America posted strong gains through mid-2016, reversing declines in four of the past five years, including the last three years, to lead all areas of hedge fund performance through the first half of 2016, according to the latest HFR Em

  2. Asia - LGT Capital Partners: Alternatives set for continued rise in Asia[more]

    From Asianinvestor.net: More flows are likely into insurance-linked strategies, private equity and trend-following strategies/CTAs, given the benefits of such investments, argues LGT Capital Partners. Despite the numerous quantitative easing programs and bailouts of recent years, the quest for

  3. Investors yank money from hedge funds after poor performance[more]

    From Marketwatch.com: A growing exodus from hedge funds extended to two of the biggest names in the industry Tuesday, Tudor Investment Corp. and Brevan Howard, as disenchanted investors increasingly shun what was once the hottest place to put money. The funds’ problem is clear: They just aren’t perf

  4. Banks look at hedge funds differently - and it should matter to allocators[more]

    From Valuewalk.com: Looking at two bank reports on the same topic can often yield interesting results. There are times when bank research is best viewed from the standpoint of how their analysis does or does not correlate with one another. Regarding hedge fund allocation decisions, one bank appears

  5. Legal - Hedge fund’s fixer kept deals flowing with bribes, U.S. says, Big four banks sued by U.S. hedge funds over BBSW, Lessons for hedge fund managers from the government's failed prosecution of alleged insider trading[more]

    Hedge fund’s fixer kept deals flowing with bribes, U.S. says From Bloomberg.com: With the Miami villa, stopovers at New York’s Plaza Hotel and millions channeled in bribes to win mining deals, Samuel Mebiame was the relationships guy in a corruption scheme that spanned continents, accord