( The National Business Review ) – As a way of achieving out-performance, the recent unprecedented surge in the demand for hedge funds will ease as the industry commoditises, according to a study published by KPMG International.
The study presents the views of 550 top executives in 35 countries, including New Zealand, involved in hedge funds, their administration, prime broking, mainstream fund management and pension funds; with combined assets worth US$ 23 trillion.
It shows that the worldwide growth in hedge funds has been fuelled by the prolonged bear market and the inflow of top talent capable of generating high returns. Their impact has been petering out at the time when the number of start-ups has increased considerably.
