Market participants say they can see more consolidation amongst funds of hedge funds, despite signs of stabilisation in the industry.
Funds of hedge funds say market unrest and uncertainty around the world have handed them the opportunity to finally capture alpha. And the new volatile conditions are set to sort the winners from the losers.
Institutions are taking greater interest in Asian credit hedge funds amid low interest rates, high issuance of regional credit and volatile markets.
A private equity COO fears rule tightening is too broad-brush and will inflate costs, while a fund-of-hedge-fund COO says clarity is needed over new reporting requirements.
The fund of hedge fund doubles its management committee to six as it plans new product launches.
Lombard Odier has appointed Vincent Duhamel to drive its entry into Asia’s institutional asset management business, as well as to help grow its private client offering.