Sun, Jul 5, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Manual manager selection is best, says investor

Friday, November 30, 2012

amb
Dr. Ariel Sergio Goekmen
Benedicte Gravrand, Opalesque Geneva:

Dr. Ariel Sergio Goekmen, Partner at Kaiser Partner Privatbank AG in Liechtenstein, a top-down investor, believes critical investors are uneasy about the hedge fund industry. He presented his views on the matter during Terrapinns Hedge Funds World conference in Zurich earlier this month.

"On the one hand you have a huge block of institutional investors who will need to invest in funds further in order to get liquidity out of their portfolios, and on the other, you have a group of private investors who are facing the problem of not being able to find the returns," he notes.

The game has changed for the hedge fund industry, he says, as indeed, it went from $38bn in AuM in 1990, $380bn in 1998 (after LTCMs collapse) to $2.5tln now.

"Its still a kind of a success story," he continues, "and people think that in the next three to five years, the hedge fund industry might manage up to $5 trillion. And that is despite, or maybe because, investors are not clever enough to understand hedge funds offering."

Investors concerns

He quotes Nassim Taleb, author of the book "The Black Swan" and lecturer at New York university, who, in a new paper (Why It is No Longer a Good Idea to Be......................

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. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner