Saturday, 28 November 2015
Last updated 1 day ago
Mar 16 2012 | 10:16am ET
The head of the world’s largest publicly traded hedge fund group sees demand for hedge funds from sovereign and institutional investors in the Asia-Pacific region.
Man Group CEO Peter Clarke told Bloomberg Television in Hong Kong that Asian sovereigns and institutions are “looking for a degree of capital protection. They’re looking for liquidity in uncertain markets. And most of them have the requirements to continue to deploy assets in markets.”
Clarke’s views are backed up by a recent survey by Preqin, a hedge fund data provider, and the Global Absolute Return Congress, which found that 37% of institutional investors in the Asia-Pacific region plan to increase allocations to hedge funds.
Clarke also told Bloomberg he sees investors taking more risks and predicted that equity long-short funds will do well as will credit and commodity-related strategies.
“This is the beginning of a significant shift from bonds into equities and other strategies,” he said.
The Man Group’s assets under management rose 1.9% in the first two months of 2012 to $59.5 billion. As of September 2011, about 25% of its global assets were raised from Asia.
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…