IPE Magazine – Hedge funds endured an ‘annus horribilis’ in the market crisis of 2008 – but the industry has started to adapt and consequently the future looks less bleak. Recent research by Deutsche Bank and Greenwich shows that most institutional investors want to hold on to their hedge fund allocations.
The announcement by China’s sovereign wealth fund that it plans to invest in hedge funds shows that new investor interest still exists. The lessons learned from the crisis, mean that the environment in which funds operate will have to be radically overhauled from many different angles.