Thu, Oct 2, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Participants discuss what happened to funds of hedge funds in Geneva during the financial crisis

Thursday, December 20, 2012

By Beverly Chandler, Opalesque London:

Participants in the Opalesque 2012 Geneva Roundtable, sponsored by Eurex, IDS and Taussig Capital, reflected on what has happened to funds of hedge funds in Geneva since the impact of the financial crisis.

Juan Martini, Senior Vice President, Institutional Investor Relations, Eurex, said: "Before the 2008 crisis, Swiss institutions usually went through hedge fund of funds to perform alternative investments which encompassed all outsourced non-traditional investments. After the crisis, more single hedge funds with flagship funds emerged here around the lake of Geneva, reflecting the fact that there was a shift from fund of hedge funds to single hedge funds".

"Swiss private banks' interest for hedge funds has certainly gone down since the 2008 crisis" agreed Charles-Henry Monchau, Head of Portfolio Management, EFG Asset Management. "With one out of five financial institutions in Geneva having some exposure to Madoff, it is no surprise to see some reluctance by private clients to get exposure again into hedge funds." Other problems for investors, particularly private clients, included being hit by fund of funds gating, lengthening their redemption peri......................

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. Legal - Court throws out lawsuits related to Fannie Mae, Freddie Mac profits, Insider case by SEC is a step removed from Herbalife itself, SEC grants Citigroup waivers, easing hedge-fund curbs[more]

    Court throws out lawsuits related to Fannie Mae, Freddie Mac profits From WSJ.com: A group of Wall Street investors on Tuesday suffered a blow in their attempts to sue the federal government over their treatment of the shareholders of mortgage finance giants Fannie Mae and Freddie Mac af

  2. Launches - Goldman Sachs Asset Management launches GS Long Short Fund, Western & Southern launching international hedge fund, Lansdowne Partners plans energy hedge fund, RBC Global Asset Management launches new RBC Funds (Lux) - Asia Ex-Japan Fund, PVE Capital latest credit strategy to launch on the Sciens managed account platform[more]

    Goldman Sachs Asset Management launches GS Long Short Fund From Marketwatch.com: Goldman Sachs Asset Management has announced the launch of the Goldman Sachs Long Short Fund, which pursues high conviction investment ideas in global equity markets through a fundamental, bottom-up approach

  3. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is

  4. Opalesque Exclusive: Institutions eye private credit over traditional fixed income[more]

    Bailey McCann, Opalesque New York: Investing in private insurance, realty tax receivables, or investment-grade short-term accounts receivable may not spring to mind as a means of mitigating risk in a portfolio, but one firm, New York-based BroadRiver Asset Management is out to change all that. Th

  5. Short-term trading quant fund beats S&P since '09[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A relatively new multi-strategy, market-neutral quantitative hedge fund has managed to outperform the S&P500 and the HFRX Global since 2009. New Jersey-ba