Consolidation and customisation continue to dominate the industry, while global macro and credit expect to see inflows in the next six months
By Niki Natarajan
|Stephen Harper |
|Tom Hill |
The three ‘Cs’ currently challenging the global fund of hedge funds industry are consolidation, customisation and conflicts. While it is a natural evolution, the move by pension funds to attempt to invest in hedge funds directly is leaving the majority of the FoHF players slightly dazed and confused, forcing them to review their mission and purpose in the coming years.
The global FoHF industry itself has settled since the crisis, with the 103 largest players with more than $1 billion in