Tuesday, 1 September 2015
Last updated 8 hours ago
Mar 24 2010 | 9:46am ET
A small but significant number of U.S. institutional investors favor European hedge funds, despite the uncertainty regarding alternative investments regulation across the Atlantic.
According to a new Preqin report, 17% of American institutions indicate a preference for European hedge funds. And those that do invest in European managers devote an average of one-fifth of their hedge fund portfolios to them.
“When U.S. institutional investors are searching for single-manager strategies… many are going to Europe directly to access the best funds and opportunities in the region,” Preqin’s Amy Bensted wrote in a March report.
Indeed, most of the institutions investing in Europe shun funds of hedge funds, with 68% investing directly.
Unsurprisingly, U.S. investors favor the best-known and most-successful hedge fund managers in Europe: The five attracting the most U.S. institutions are Lansdowne Partners, Brevan Howard Asset Management, GAM Holding, Lazard Asset Management and The Children’s Investment Fund.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…