More Institutional Investments in Funds
Hedge fund managers’ client base has become more institutional than retail over the past year – leading to an “insitutionalisation” of the industry, International Asset Management said.
In an interview with Global Pensions, the chief executive of the fund of hedge fund firm, Morten Spenner, said around 55% of assets are now managed by institutions - up from about 40% before the crisis.
He said the tilt in assets was triggered by an exodus by retail and high-net-worth clients from the industry post-Madoff, and a need for liquidity.
Spenner said: "Consequently, there will be less appetite for leverage, structured products and Madoff club-type deals."Source
Related to Hedge Fund Investors Becoming More Institutional
- Hedge Fund Marketing Tools
- 5 Unique Hedge Fund Marketing Tactics (1 of 5)
- 5 Unique Hedge Fund Marketing Tactics (2 of 5)
- 5 Unique Hedge Fund Marketing Tactics (3 of 5)
- Third Party Marketing Trends & Insights
- Marketing to Institutional Investors
Tags: Hedge Fund Investors Becoming More Institutional, Institutionalization of hedge funds, hedge fund investors becoming more institutional, institutional level of hedge fund investments
Link to This Resource: Hedge Fund Investors Becoming More Institutionalhttp://richard-wilson.blogspot.com/2009/09/hedge-fund-investors-becoming-more.html