Thursday, 27 November 2014
Last updated 1 day ago
Dec 1 2008 | 3:22pm ET
Turbulent market conditions have taken a heavy toll on the hedge fund industry, but a select group of investors is still optimistic about the long-term success of the industry.
According to a new Prequin survey, 46.6% of institutional investors said that their long-term outlook on the hedge fund industry was positive and 67.8% of investors have an unfilled long-term target allocation to the asset class. Just 5% of institutional investors described their activity as “mainly redeeming investments.”
And while the majority of institutional investors (75%) surveyed reported that their hedge fund investment returns had fallen short of original expectations, more than half (53%) are satisfied with their hedge fund returns.
“Through our research and analysis it is clear that a number of institutional investors are delaying making new investments with hedge fund managers, however, few are redeeming their investments,” said Amy Bensted, a Prequin spokesman. “As institutional investors have a longer term investment horizon, many still believe in the ability of hedge funds to provide returns and a significant number have seen hedge funds as some of the better performing aspects of their portfolio.”
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
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