Sun, Apr 20, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Family offices evolve their hedge fund strategy post-2008

Wednesday, October 17, 2012

amb
Angelo Robles
Beverly Chandler, Opalesque London:

Delegates at the Opalesque 2012 Connecticut Roundtable sponsored by Deutsche Bank, Taussig Capital and Eurex discussed the evolution of the family offices role in hedge funds.

Angelo Robles, Founder and Chief Executive Officer of the Family Office Association recounted the fact that single family offices were the original early movers in hedge funds. "Going 10, 15 and more years back, family offices were practically the driver behind every major hedge fund, even the so-called hedge fund legends. That was way before seeding became popular among some institutions or fund of funds".

However, recent years have seen institutional investors move into the major hedge funds as consultants, committees and decision makers within institutions choose major funds, the equivalent of 'buying IBM Robles said.

"That becomes an interesting dynamic" he said as you probably cannot go wrong making allocations to different $10 billion managers. "But I know the families that do not have the tax advantages, that have unique challenges, that have multiple distributions and other challenges, they need alpha in this challenging world".

For Ro......................

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. Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A

  4. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  5. Commodities – Popular value fund manager David Iben bets on Russia, gold,[more]

    From Reuters.com: With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is back with a new fund that reflects his deep aversion to following the crowd. In the Kopernik Global All-Cap Fund, David Iben is follo