Saturday, 20 December 2014
Last updated 1 day ago
Oct 8 2008 | 8:38am ET
Desperate times call for desperate measures. With the market turmoil creating opportunities for hedge funds as many clients head for the door, many top hedge funds—closed for years to new investors—are reopening their doors.
Roberto Cagnati of Swiss fund of hedge funds shop Partners group told Reuters, “There’s almost no closed fund at this point.”
“You get calls from guys you never talked to before,” Cagnati, head of fund manager selection at Partners, said. “There’s really no guys we couldn’t meet—it’s a good opportunities to build relationships.”
But, he warns, top managers’ new inclusiveness isn’t going to last. “It’s likely to change again at some point.”
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.