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Komfie Manalo, Opalesque Asia: Hedge fund professionals who attended the latest Opalesque Cayman Roundtable offered differing opinion on whether it is time to lower the minimum investments in hedge funds and whether the industry is going more mainstream or not.
Darren Stainrod, a principal at HighWater Limited, observed that the alternative investment space will become more mainstream in the near future. He added that rules and regulations for alternative investments should encourage better access to most investors.
Stainford said, "As we speak, the main markets continue to climb and reach new highs, so if you look at the returns the markets have produced over the recent years, then probably a well composed portfolio of hedge funds can protect your gains when the next downturn occurs. There is in fact a slow realization of what hedge funds and alternatives can offer to investors, and so we have seen some softening of the laws in terms of being able to advertise hedge funds, for example. I think it is important that the minimum investments continue coming down and more of those products become available to everyday investors."
But Ingrid Pierce, the global managing partner at the Cayman-based law firm Walkers, disagreed with Stainford and said that the minimum...................... To view our full article Click here
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