19/04/2010 Author: Shannon Hawthorne

Hedge fund inflows on the rise, says Gottex CEO

The coming two years will see the return of inflows from both private and institutional investors, Joachim Gottschalk, chairman and CEO of Gottex Fund Management will announce at the firm’s Annual General Meeting to be held later today.

In a statement to shareholders, Gottschalk will state that “the strong performance by hedge funds in 2009 will translate into institutional inflows for the industry as the year progresses, followed by inflows from private investors in the year thereafter,” adding that “on the back of our strong investment performance during the past year, we believe Gottex is well positioned to participate in these flows.”

He will also refer to the “extraordinary rally in global capital markets and outstanding performance for hedge fund in general” which contributed to the strong performance of Gottex’s core market neutral and portable alpha strategies during 2009.

Other issues to be raised in the meeting include the adoption of Gottex’s annual financial statement, the proposal of the final dividend of 11.5p per share and the reappointment of a number of the company’s auditors and directors.