| 20.06.2011 Opalesque Exclusive: How fund of funds Permal addresses hedge funds' evaporating alpha |
| From Kirsten Bischoff, Opalesque New York: "It is not what a manager can do for you, it is what a manager can do to you." This philosophy, integral to the manager selection process at $23bn fund of funds firm Permal Asset Management, is the driving force behind the firm’s extreme diversification across hedge fund managers and strategies. With over 10,000 hedge funds in existence focusing on |
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