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Alternative Market Briefing

Hedge fund managers, investors still adapting to post-2008 economy

Wednesday, November 06, 2013

Bailey McCann, Opalesque New York:

Hedge fund managers and investors gathered in New York City, for Hedgeopolis this week. Hedgeopolis brings both groups together in a daylong event to examine the way forward for hedge funds. Panels touched on a variety of topics from emerging managers, to current investment opportunities. No matter what the topic, the underlying consensus was that both investors and managers are still adjusting to the tepid but stabilizing global economy. Both constituencies are still working through what that means for opportunities and returns going forward.

Macro and Event Driven strategies come back

Investors are piling into Macro and Event Driven strategies in an effort to find bigger and better returns. Panelists noted that while both strategies are once again catching the eye of investors, macro drivers have changed, and political uncertainty is likely to have knock-on effects for valuations over the near term. As Opalesque reported today, some of these macro opportunities are in emerging markets that fall outside of the usual suspects like Turkey, China and Brazil - African economies are now some of the fastest growing. Asian countries beyond China and Japan are also showing promise. Emerging markets are poised to be some of the largest growth drivers of the global economy while the developed regions like the US and ......................

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