|
|
Benedicte Gravrand, Opalesque Geneva:
Gottex’ statement for its Annual General Meeting today reflects the industry’s stance by and large, namely that it believes it will achieve its investment objectives despite the macro-economic uncertainties – of which it is very wary, and that it is ready for more consolidation.
Optimism at Gottex
Joachim Gottschalk, Chairman and CEO of Gottex Fund Management, apparently feels optimistic. At today’s meeting, during which the company will adopt its annual financial statements, re-appoint auditors, and re-elect some of the directors, he is expected to make encouraging statements.
Gottex, an independent global alternative investment management group incorporated in Guernsey, had $8.5bn of total fee-earning assets as of end-Feb-11. Assets grew by more than $1bn during the last nine months (details).
"In general, 2010 was a positive year for hedge fund returns, although the absolute level was affected by the reversal in global financial markets in the second quarter of the year," Gottschalk will say. "We saw asset flows for the hedge fund and fund of hedge funds industry turn positive during the year, indicating the re-emerging interest in our asset class. Regionally, this was led by the US, with client activity in Europe recently picking up. With regards to Asia, Gottex believes...................... To view our full article Click here
|
|
RSS
