(Opalesque) In the week ending 14 April, 2017, Alessandra Tocco of JPMorgan Chase said that family offices are back to their historic levels of interest in hedge funds. Fa-mag said it’s a buyer’s market in hedge funds, and wealthy families are beginning to feel the love as turmoil in the fund industry is giving family offices a resurgence in power. With traditional institutional backers reconsidering their hedge fund investments amid sluggish returns, those who manage money for the rich are gaining flexibility on fees, customized investments and more access to high-profile portfolio managers.
Ray Dalio said that investors shouldn’t expect another crisis like that in 2008 – but that there is still going to be “a gradual noose tightening”; K2 Advisors said in its Q2 outlook that the firm anticipates more volatility going forward and is bullish in Europe and long short equity.
