Tue, Oct 21, 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: What's next for trend followers?[more]

    Bailey McCann, Opalesque New York: New research out from Ibbotson touches on a key debate happening among investors and fund managers, specifically whether long term trend followers can survive in the new

  2. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  3. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  4. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  5. Sparx optimistic about outlook for Japan[more]

    Benedicte Gravrand, Opalesque Geneva: According to SPARX, there are causes to be optimistic about the outlook for the Japanese market and the country's economy in general. Sparx Asset Management is a Tokyo-based asset manager, part of