Report: Some U.S. Institutions Prefer Euro. Hedge Funds

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.


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

The Road To Tax Alpha

May 28 2015 | 5:36am ET

Tax-related alerts are increasingly helping investment managers harvest tax alpha...

 

Sponsored Content

Editor's Note