Fri, Apr 18, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Most Nordic hedge fund investors look to capital introduction teams for manager recommendations - SEB Nordic Hedge Fund Investor Survey

Tuesday, September 07, 2010
Opalesque Industry Update – SEB has published its first empirical Nordic Hedge Fund Investor Survey. Respondents represent over $630bn in assets from pension funds, insurance companies, and asset managers. Surprisingly, most investors have not yet filled their maximum allocation quotas the hedge funds, and as is the trend in other regions of the world, fund of hedge fund popularity is quickly declining as most investors said they will invest in single managers as opposed to FoHFs.

41% of the group will be increasing their allocations to hedge funds, and 68% of the hedge fund investments went to managers outside the Nordic region.

What are investors looking for?
Preferred strategies are long/short equity and global macro. Most require a track record minimum of a one-year track record, 31% say that assets under management do not have to be at a minimum level nor do they have a problem with lock-ups if they are required by the fund strategy. Also surprising is that many investors say their transparency requirements have not changed since 2008.

Some interesting facts about the allocation process include:
- The most common way to find hedge funds is through Capital Introduction teams, used by 76 % of the investors.
- Investors that have mandate to allocate 0–30 % of their total assets represent 80% of the investors, excluding Fund of Hedge Funds.
- Most Nordic Investors are confident in their own ability to pick hedge funds and don’t use external advisors when investing.
- When meeting a new hedge fund, the investor invests 5 % of the times in average.

You can download SEB’s Nordic Hedge Fund Investor Survey 2010 from Opalesque here:Source

kb/bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A

  4. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  5. Commodities – Popular value fund manager David Iben bets on Russia, gold,[more]

    From Reuters.com: With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is back with a new fund that reflects his deep aversion to following the crowd. In the Kopernik Global All-Cap Fund, David Iben is follo