|
By Christine Gaylican, Opalesque Asia:
Olympia Capital Management Research has put out a new study indicating the hedge fund industry's recent activities and new directions pointing to vital performance turnaround and emerging growth prospects in the near term.
In its latest research output "Hedge Funds 12 Months After September 15: Emerging from the Wreckage" September-09, Olympia Capital Management dug pertinent industry financial reports to reveal how the sector lifted itself from the wreckage of ridicule, low returns, and a sudden respite from asset redemptions a year after the Lehman Brothers declaration of bankruptcy in September 2008.
The management research team of Olympia Captial led by chief investment officer Guido Bolliger had been thoroughly fair in their presentation of key events that transpired in the past 12 months.
Hedge funds underperformed
Unrelentingly critical and truthful to the events that transpired in previous months, Olympia Capital pointed out that the seeming lack of confidence due to the unethical business acumen of Bernard Madoff contagiously spread like a disease in the global financial arena.
"Even if hedge funds significantly outperformed equities, they failed to deliver a positive absolute performance during a period where investors needed it most," Bolliger said in the report. "Just as diseases spread through contagion,
so does confidence, or lack of confidenc...................... To view our full article Click here
|
RSS
