Willis forms first hedge fund advisory group
27/01/2010
Willis, the global insurance broker, has formed its first hedge fund advisory group, as part of a strategic alliance with wealth management specialist, Dominion.
The new practice will be headed up by Paul Richards and operated under the auspices of the broker’s Finex National unit, a specialist wing dealing with executive and professional risk.
Traditional brokers are currently waking up to the potential scale of business from the hedge fund sphere, following the dislocation of 2008. Last year, the sector experienced a significant hike in insurance premiums, particularly in the directors and officers (D&O) space, while
