Friday, 27 November 2015
Last updated 1 day 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…