Susan Barreto, deputy editor, InvestHedge
Like two ships passing in the night, investors and managers did
not seem on track to navigate shared success in 2010. And,
although the groundswell of mandates most managers expected did
not reach the record levels seen in 2007, prior to the credit
crunch and Madoff scandal in 2008, there are plenty of reasons
why mandate activity in 2011 will remain brisk.
Statistics from last year reveal a significant uptake in
interest in hedge funds and indicate that 2011 should prove to
be a rewarding year. In 2010, InvestHedge tracked $22 billion
in searches while actual mandates actually totalled $12
billion. Nevertheless, this represented three times the new
mandates awarded in 2009.
Most hedge fund managers are keen to finally enjoy the
benefits of the lower fee negotiation and greater transparency