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From Precy Dumlao, Opalesque Asia:

The demand for hedge funds could be higher in emerging markets if you measure demand as in what people are asking for and not necessarily where the money is moving to, said Anne Cathrine Frogg Spadola, First Vice-President, Mirabaud & Cie, a private bank based in Geneva that allocates to hedge funds during the latest Opalesque Geneva Roundtable sponsored by Custom House Group and Taussig Capital and held at the offices of Caliburn Capital Partners.

"From our perspective there has been demand for emerging markets, but not as much actual dollars have gone there as demand would have indicated. Although our capital raising has been relatively good considering the challenges of the year; as an investor you know yourself where you would put your money. It is very hard to feel confident to put your money anywhere currently. The emerging markets fund is the only one that has raised some asset over this recent period, but of course we do have another story to the product that also pushes people to the area," Spadola said.

When pressed to comment about her outlook on other frontier markets, Spadola explained that her company has launched new projects based on a portfolio which was more a front......................

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