Fri, Jan 30, 2015
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. Opalesque Exclusive: Ex-Citi trader launches 'sleep-at-night’ long/short equity fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: After working at Citi's proprietary trading desk, managing a large portfolio between 2008 and 2011, Joel S. Salomon founded SalaurMor Management in New Yor

  2. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  3. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  4. Update: Prosecutors seek 12 years for hedge fund manager Francisco Illarramendi[more]

    Komfie Manalo, Opalesque Asia: Federal prosecutors have asked the court to sentence convicted hedge fund manager Francisco Illarramendi to 12 years imprisonment for running an elaborate Ponzi scheme that bilked investors hundreds of millions in dollars, including a Venezuelan pension fund, report

  5. Institutions - Ontario pension fund leader calls all asset classes ‘expensive’, Taiwan's BLF plans $2bn in alternative mandates[more]

    Ontario pension fund leader calls all asset classes ‘expensive’ From WSJ.com: The head of one of the world’s largest pension funds said that across asset classes, “everything is expensive.” Ron Mock, who leads Canada’s $141 billion Ontario Teachers’ Pension Plan, said that the plan would