The upside of the liquidity drought for those investors that have money is access to elite managers. Corazon Capital in the Channel Islands has launched a product specifically to take advantage of capacity in brand name hedge funds. Meanwhile, RMF Investment Management has dusted off its RMF Legends Fund with a performance fee-only structure.
A number of very good hedge funds have suffered a recent loss of assets, simply because they have favourable liquidity terms and have effectively been used as an ATM cash machine.
Other investors have been forced to sell down