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

AIMA examines the role that hedge funds can play in institutional portfolios in new paper

Thursday, May 23, 2013

Benedicte Gravrand, Opalesque Geneva: - The Alternative Investment Management Association (AIMA)’s Investor Steering Committee surveyed some of the most important institutional investors in hedge funds globally, with combined assets of more than $400bn, and produced a paper called 'Beyond 60/40: The evolving role of hedge funds in institutional investor portfolios.’

Here is some of what they found from this survey:

  • Institutinal investors are leaving behind the traditional 60% equities/40% bond model and adopting alternatives more (hedge funds in particular);
  • Reasons for using hedge funds are their risk-adjusted returns, diversification, lower correlations, lower volatility and downside protection;
  • Hedge funds are more and more seen as a way to access opportunities and tailor portfolios, rather than as a separate asset class;
  • Most of those surveyed have increased their hedge fund allocations since the recent crisis, and most are planning to continue to do so;
  • Due diligence on hedge funds is becoming more time-consuming, sometimes lasting up to two years;
  • Investors are happy about hedge funds’ increased transparency, although some are wary of being given too many unnecessary details;
  • They are also happy about the increased hedge fund regulation, although some are concerned about the costs, and the rest......................

    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. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  3. Opalesque Exclusive: Loeb, Grantham cite growing economic concerns in letters[more]

    Bailey McCann, Opalesque New York: Hedge fund manager Daniel Loeb, head of Third Point, and Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. have both released their quarterly investor letters today. While news is positive on some fronts, and both men see pockets of opportunity, they also h

  4. Investing – Hedge funds expect Netflix earnings to catapult forward, Third Point's Loeb takes stakes in Fibra Uno, YPF, Royal DSM, Lake Capital in talks to back Engine Group[more]

    Hedge funds expect Netflix earnings to catapult forward From Investing.com: Netflix has made major strides forward in 2014 despite ongoing battles with the FCC and cable companies over the issue of net neutrality. The FCC has now received over 500,000 comments from the public on its pend

  5. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag