Marcus Storr Komfie Manalo, Opalesque Asia:
There are more allocations into alternatives in Germany nowadays, said Marcus Storr, head of the Hedge Fund Department within Feri AGís asset management division, during the latest Opalesque Roundtable in Frankfurt.
The Opalesque Frankfurt Roundtable was sponsored by Eurex, WTS and Taussig Capital and took place on June 12th at the office of tax, legal and consulting firm WTS in Frankfurt.
When asked what institutional investors and family offices were looking for in Germany, Storr explained "In 2005 to 2007, there was a big demand for hedge funds worldwide because people intended to diversify their portfolios. However, this did not really happen in Germany. There were some positive changes to the German regulation on hedge funds in 2004, so we all expected a certain run into hedge funds. That did not materialize due to two main factors: first of all, we didn't really see the launch of high quality hedge funds in Germany with some exemptions like AGIís European Discovery hedge fund."
Another factor that held back the launch of hedge funds in Germany at that time was the limited knowledge of institutional investors, and ......................
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