|
|
by Beverly Chandler, Opalesque London:
The Opalesque Austria Roundtable, sponsored by Salus Alpha Group and the Opalesque Roundtable Series Sponsor Custom House Group, and held in Vienna at the end of June, opened with a discussion on how lengthy is the country’s history in alternatives.
The panel consisted of Mark Cachia, Head of Alternative Investments, Erste Group; Martin Greil, Co-founder and Secretary General of the Alternative Investment Association VAI; Günther Herndlhofer, Investment Manager, VBV Pension Fund; Oliver Prock, CEO and CIO, Salus Alpha Capital; Marie Milford, Managing Partner & CEO, Asset Allocation Alpha and Günther Kastner, Managing Partner, Absolute Portfolio Management.
Prock opened the discussion pointing out that Austria has a considerable history in alternatives and is often seen from abroad to have a strong leaning towards CTAs and quantitative strategies. However, he said: "Over the more recent years, the industry
here has grown and matured, and many different strategies are run out of Austria as of today. Of
course, back then the barriers of entry in managed futures were not as high as we find them nowadays.
In the early days it was possible in Austria to establish different onshore structures for alternatives.
That was quite favorable for the development of a small niche industry here."
Growth in alternatives in Austria also came from institutional investors. "It is also important to notice that the Austrian institutional in...................... To view our full article Click here
|
|
RSS
