Fri, Nov 28, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

SEI reports that there is a future for the fund of hedge funds industry

Tuesday, December 04, 2012

Beverly Chandler, Opalesque London: The fund of hedge fund (FoHF) industry is not as dead as it might seem, says SEI in their 2012 funds of hedge funds (FoHF) survey. The survey was conducted in June 2012 by the SEI Knowledge Partnership, with online questionnaires completed by senior managers at 220 institutions including institutional investors, investment consultants and FoHF managers. Investors participating in the survey reported a median of 9.0% of their assets were held in FoHFs. Consultants reported a median of 3.1% of assets in FoHFs.

Despite the many problems that the industry faces, such as disgruntled investors, stagnant assets under management and a dwindling market share, SEI feels that the bigger picture is far more nuanced, complex and indeed, optimistic. "The FoHF industry is by no means monolithic. Rather, it is a mosaic of fund structures that vary widely in their investment strategies, methods, client services, and business approach, as well as in their level of growth. Based on our recent survey of institutional FoHF investors and fund managers, along with our review of the latest thinking in the industry, at SEI we believe that the fund of hedge funds model may have more resilience and adaptability than some observers seem to think" the firm writes.

The survey finds that even amongst large institutional investors, fe......................

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. Unlucky Paulson & Co. rebrands $1.6bn Recovery Fund after 13% drop[more]

    From Businessweek.com: A maturing U.S. economic recovery is prompting Paulson & Co. to change course. The $19 billion hedge fund firm, led by billionaire John Paulson, told investors on a conference call this month that the Paulson Recovery Fund will be renamed Paulson Special Situations Fund on Jan

  2. Opalesque Roundtable: Islamic Finance races ahead with Sukuk, the first managed account platform, and foreign demand[more]

    Komfie Manalo, Opalesque Asia: A number of developments took place within Islamic finance in the past years, including the launch of a Islamic managed account platform and the further growth of the sukuk space that saw this instrument evolve from being a type of an ABS security that was rarely

  3. CTAs , event-driven strategies lead hedge funds recovery in mid-November[more]

    Komfie Manalo, Opalesque Asia: November’s performance proves to be in sharp contrast to the previous month, with equities further consolidating their upswing last week, according to the latest Lyxor Asset Management’s Weekly Brief. CTA funds als

  4. Fund Profile - A complex hedge fund strategy works for United Technologies[more]

    From Institutionalinvestor.com: Reports that portable alpha is dead have been greatly exaggerated, as Mark Twain might have phrased it. Another Connecticut Yankee, giant United Technologies Corp., is gearing up to grow its successful, nearly decade-long portable-alpha program. The UTC strategy took

  5. Opalesque Exclusive: The unintended consequences of Basel III[more]

    Benedicte Gravrand, Opalesque Geneva: Bijesh Amin, co-founder and managing director of Indus Valley Partners (IVP), a technology solutions and services firm focused on the alternative asset management industry, has recently observed