Mon, Jan 22, 2018
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 Terrapinn�s 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 LTCM�s collapse) to $2.5tln now.

"It�s 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: Statsure Financial launches captive insurer for hedge funds[more]

    Bailey McCann, Opalesque New York: Hedge fund managers have a new option for protecting their business. Launching this week at the annual MFA Conference, Statsure Financial is offering a captive insurance solution for hedge fund managers. Many large companies have captive insurers - insurance

  2. Legal - Former Och Ziff hedge fund executive indicted for fraud in Africa investment scheme, prosecutor says, Hedge fund blasts defense of Puerto Rico restructuring law[more]

    Former Och Ziff hedge fund executive indicted for fraud in Africa investment scheme, prosecutor says From CNBC.com: A former hedge fund executive faces federal charges for defrauding a UK-based charity over investments in Africa, according to a grand jury indictment made public Wednesday.

  3. U.S. economy, inflation and alternative investments to dominate 2018 markets, says family office Wilmington Trust[more]

    Komfie Manalo, Opalesque Asia: The emergence of a late-cycle economy in the U.S., the mystery of inflation and growth from a domestic and global perspective, and the potential for alternative investments to prosper against a backdrop of rich valuations, low yields, and higher volatility are the t

  4. Performance - Some hedge funds deliver double-digit gains for 2017, Brevan Howard's hedge fund suffers biggest annual loss in 2017, Crispin Odey's flagship hedge fund plummeted about 20% in 2017, Profits fall 90% at ex-Morgan Stanley banker's hedge fund, Fannie-Freddie overhaul might mint hedge fund riches, losses[more]

    Some hedge funds deliver double-digit gains for 2017 From Reuters/Investing.com: A handful of hedge funds ended 2017 with double digit returns, their investors said, at a time the $3 trillion industry took in fresh money and posted its best returns in years, industry data show. Act

  5. Investing - Hedge funds start 2018 with record $19 billion bet on the euro, Hedge fund Kora Management invests in Satin Creditcare[more]

    Hedge funds start 2018 with record $19 billion bet on the euro From Reuters.com: Hedge funds have kicked off 2018 with their biggest bet ever on the euro rising, a clear vote of confidence in the single currency but, with positioning so stretched, one which could backfire in the near ter