2012: Hedge funds go retail globally


Asset management dynamic is back in play as hedge funds try to navigate the retail minefield

By Niki Natarajan

As the global Occupy movement continues to make its mark on the capitalist world, hedge fund affluenza – an unsustainable addiction to economic growth – is set to become an epidemic in 2012. Leon Cooperman’s UCITS debut can only signal one thing: the future of hedge fund asset raising lies increasingly in the noisy and over-crowded, fee-laden retail space.

In the funds of hedge funds world, New York-based Optima Fund Management, whose high-net-worth joint venture with Mellon has produced the Mellon Optima L/S Strategy Fund for the US registered investment