Unnoticed by many international investors, the German hedge fund industry enjoyed some very successful years with managers growing assets up to 800% in only 2.5 years.
German institutional investors are sometimes seen as being “behind the curve” when compared to their Anglo-Saxon peers, but interestingly enough, this has to a certain extent also saved them from harm during the 2008 crisis. Now, the Germans are looking more than ever to hedge funds and alternative strategies for diversification and attractive risk-adjusted performance. Some pensions already run up to 20% of their assets in alternatives.
While the UCITs framework helped extending hedge fund type or alternative strategies to a much broader investment base, non-German and Anglo-American managers with offshore structures also enjoy a revived demand from German institutions.
The inaugural Opalesque Frankfurt Roundtable was sponsored by Eurex and Custom House Group and took place at Deutsche Börse on June 7th 2011 with:
Claudia Roering, Head of Fund & Manager Selection, Deutsche Asset Management Investmentgesellschaft
Dr. Dieter Kaiser, Director Investment Management, Feri Institutional Advisors
Hans Metzler, CEO PortfolioManagement, Conservative Concept
Henning von Issendorf, Managing Partner, Co-CEO, CFO & Risk Management, Tungsten Capital Management
Dr. Randolf Roth, Head of Market Structure, Eurex
Roland Schulz, Director, Aquila Capital Institutional
Dr. Werner Goricki, Managing Director, Prime Capital Asset Management
Game changers: Solvency II and Foreign Exchange
In this Roundtable you will learn that Solvency II, also called "Basel for insurers", will become a game changer for alternative investments in Europe and is in fact already a key driver behind the institutional move into managed accounts.
Foreign Exchange: Participants at the Roundtable further explain why for at least the next five years foreign exchange will be one of the most important decisions on a global asset allocation level. Investors should have a clear view and strategic allocation.
In addition, this Roundtable discusses:
The truth about managed accounts: What really happens when asset owners take over control?
What is behind the significant growth of investing in real assets?
Opportunities in renewable energy: still abundant or late to the party?
UCITS Tracking Error: In which cases deviation from offshore funds is actually wanted
How to set up UCITS funds with the same or even lower cost base than offshore funds
Why, and which due diligence is still required for UCITS funds
New tactical asset allocation models include alternative asset classes and strategies.
An investor's view on high frequency trading funds
Options pricing and volatility: Is there a time bomb waiting which will dwarf the “Flash Crash”?
How to solve regulatory issues and specific requirements of large German institutions
Enjoy “listening in” to this new Opalesque Roundtable!
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