Gwyn Roberts

11/05/2011 Author: Gwyn Roberts

Editor's view: 12 May 2011

While most hedge funds – and HFMWeek for that matter – have been watching the skies this year for signs of pension fund largesse, one of the biggest investment trends has crept up on many in the industry. While a certain stripe of institutional investor, often trapped in a mire of DDQs, has merely pondered, private wealth has moved decisively, contributing a sizeable portion to Q1 inflows.

The return of this sector has been reported by a number of managers here in New York, who agree that the trend – crystallised chiefly by interest from private banks – represents a real opportunity for managers that can make the grade.

And making the grade is the difficult part. The majority of this activity has been siphoned through the platforms of large private banks, which are just as cautious and careful as the investment consultants who advise pension funds.

Making it onto a private banking platform is akin to appearing on a consultants ‘buy-list’. It’s hard work and requires the best in operational standards. However, once there, funds have a genuinely historic opportunity.    

Emerging economies are begetting new millionaires by the day, while this week’s Sunday Times Rich List – a slightly crass affair, although useful for assessing the health of the UK economy – shows that even in the old world, the rich have staged a remarkable recovery. Progress that will continue to benefit hedge funds in 2011.

Post a comment

Post a comment…

Be the first to comment on this article!

07/06/2012

UK: Impact of the AIFMD - the real story

Join us and our panel of experts for HFMWeek's Subscribers' Club June's UK breakfast briefing, 'Impact…

Read More

31/05/2012

US: Family Offices

The next US HFMWeek Subscribers' Club breakfast, will take place on Thursday May 31. Join us and…

Read More

02/02/2011

European Hedge Fund Services Awards 2012

HFMWeek's European Hedge Fund Services Awards are designed to recognise companies that have outperformed...

Read More

Search HFMWeek