Fri, Aug 29, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds focused on wealth preservation and European opportunities in 2014

Tuesday, February 04, 2014

Komfie Manalo, Opalesque Asia:

Wealth preservation is foremost in the minds of hedge fund managers in 2014 as well as opportunities in Europe, said Hansjoerg Borutta, group CIO of Zurich-based wealth management service provider Marcuard Heritage in the latest Opalesque Roundtable in Zurich.

"When a year with good market performance comes to an end, every investor's number one goal is to protect the gains made," he said and added, "In fact, the market performance this year was better than anticipated. 2012 was a pretty worrisome year with a lot of tail risks. 2013 was easier, but not really easy. As we are wealth preservation oriented, we did not invest at full throttle in the markets. Our asset allocation varied through the year and we took some money off the table when we achieved certain performance goals or we felt that it was necessary. It is no secret that there are still a lot of issues with respect to the real economy and the financial markets. So we are not following the current equity rally happily and blindly."

But because hedge fund managers have wealth preservation foremost in their minds, Borutta continued, they are always eager to be prepared for the worst case. Fortunately, most of them do not think that most of the tail risks they anticipate are imminent at present.

Even if fund managers are cautious, with QE......................

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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  3. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  4. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  5. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest