Recent events have fuelled a rush to managed accounts by
hedge fund investors seeking better control and transparency.
But will they be the panacea that investors are looking
After their generally miserable time in 2008, it is hardly
surprising that hedge fund investors have started demanding
better terms from managers and much greater control over how
their money is being run.
As a result, demand is soaring for managed accounts - in the
hope that these separately run accounts will give investors the
enhanced transparency that they now crave and better control of
all aspects of the portfolio ranging from individual positions
through to cash management, asset administration and valuation
Interest in accessing hedge funds via managed accounts has
increased steadily over the last few years. But it has spiked
dramatically on the back of 2008, when many investors found
themselves at the mercy of other investors in the...