Mark Parsonson, executive director of Liongate Capital Management, says there are key advantages in the hedge fund approach, which make them an attractive capital allocation option.
As the end of 2011 draws near, predictions for 2012 are coming thick and fast. Yet, who can claim to have clairvoyant abilities and who is just hoping last year’s analysis will be buried with their financial losses? InvestmentEurope brings you a series of brief outlooks for 2011 as they were.
Allocators say they will allocate to hedge funds again, but only to those that meet strict criteria.
Europe’s private banks rushed at every exit available to withdraw from hedge funds in the crunch, redeeming directly from portfolios, selling funds of hedge funds, draining bank platforms and offloading stakes privately.
Fund selectors have had their say on issues such as attributes of managers, tail risk, liquidity challenges for hedge funds, and issues of choosing third party funds.
US hedge funds outperform in most strategies, except fixed income, where
a European manager might come top of the list.