“As we’ve been saying for some years now, many institutions prefer to work with an expert intermediary, a professional who is equipped to manage a diverse portfolio of hedge funds. Given recent market conditions that have punished many hedge funds, fund-of-funds managers that can navigate difficult conditions are even more in demand. I don’t see a lot of cracks in the hedge fund-of-funds manager-client relationship right now,” Quirk said.
The senior investment leader describes the governance challenges as “huge” for funds moving into alternative asset classes because of the complexity and also because of the gap between the best and worst performing general partners and investment managers.
Matthew SmithMarch 10, 2021
This year’s single-best trade was Chinese mid-cap semiconductor and tech stocks, according to UBS O’Connor's Kevin Russell. This illustrates how China’s domestic consumption economy allows it to combat any trade wars with the US.
Jessica SierSeptember 24, 2020
While Sunsuper's access to cash and public market meant its alternatives allocations weren't tapped for liquidity to facilitate early release payments, Tomlinson said he could take advantage of some more liquid ‘hedge fund-type’ investments during tumbling markets.
Jessica SierSeptember 23, 2020