Foundation Asset Management now has one of only five SFC-approved hedge funds for sale to retail investors and the firm aims to roll out a China-focused high yield product.
Tag: Hedge Funds
Pictet Wealth defends hedge funds
The firm is also overweight cash and it believes most fixed income assets do not have attractive returns.
In case you missed it (30 November 2018)
Hermes IM adds to global credit team; DBS PB to expand Dubai team; hedge fund redemptions continue; Fund Selector Asia wins State Street Institutional Press award; job movers in finance to expect higher salaries; former Standard Chartered private banking head acquitted for bribery; and more…
Is the fund of hedge funds business dying?
Investors in the region, especially institutions, have been avoiding fund of hedge funds (FoHFs) and instead allocating to hedge funds directly, according to Ronnie Wu, co-founder and chief investment officer at Penjing Asset Management.
Deutsche Wealth maintains 10% alts allocation
Deutsche Bank Wealth Management has made changes to hedge fund allocation recommendations, including trimming down positions in equity long/short strategies.
In case you missed it (27 July 2018)
Standard Chartered PB names new EMEA head; Are fine wines good alternative investments?; ex-SFC Alexa Lam resurfaces at ICI Global; Aviva Investors creates institutional sales role for Australia; Franklin Templeton hires new EM portfolio manager; global hedge funds see outflows in June; and more…
EFG Bank sees demand for ‘new’ hedge strategies
Alternative investment funds, many of which are descendants of the risky hedge funds from a decade ago, are increasingly in demand as risk-management tools, according to Simon Godfrey, head of product management at EFG Bank.
Could a hedge fund mixture lead to better results?
Industry sources suggest combining various hedge fund strategies to address diversification and ease downside risk, but the issues of high fees and performance remain.
Deutsche Wealth cool on hedge funds
Deutsche Wealth is not convinced that a significant allocation to hedge funds adds value to client portfolios, according to Christian Nolting, Frankfurt-based managing director and global chief investment officer and global head of discretionary portfolio management.
UBS Wealth in big hedge fund push
UBS Wealth Management is recommending clients allocate up to 20% of their assets to hedge funds as a diversifier, especially in an environment where interest rates and volatility are increasing, according to the firm’s executives.
