Gottex says hedge fund outflows to reverse in ’10

Reuters – Alternative asset manager Gottex Fund Management Holdings said it expected solid inflows from institutional investors into its hedge funds this year despite assets slipping in the fourth quarter.

The company also said its market neutral funds, which attempt to neutralise exposure to market direction by taking long and short positions, could regain their high water mark — the level at which they can take performance fees — in the second half of the year if they continued to perform well.

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