'Big boutique' strategy proves its worth at Scotland's Martin Currie

Mon Mar 23, 2009




Martin Currie's unique history and culture have served it well in building a hedge fund business that blends the best of the institutional and entrepreneurial investment worlds

Scottish asset manager Martin Currie has not been immune to the troubles plaguing the hedge fund industry.

Despite strong performance in some of its hedge fund strategies, solid performance in others and relative outperformance by every hedge fund on its platform against the relevant benchmarks, the firm's hedge fund business has shrunk in recent months - like that of almost every other firm.

The company has seen its hedge fund assets halve from their peak of $2 billion - a victim of the demand for liquidity among investors and the so-called "ATM" effect of investors withdrawing cash from the most liquid sources, regardless of how well those assets have performed.

But rather than slam gates on investors to bar them from leaving, Martin Currie has...

ISSN: 2151-1845 / CDC10004H

Register

By registering you will receive

  • A monthly newsletter on your specified areas of interest
  • A fortnightly update on the sector

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates


Popular Searches on HFI