Money managers under the microscope
This year’s GAIM conference was far smaller than the three previous summer events, with fewer organized events, no sponsored gala dinner and restricted cocktail sessions where two or three bar staff struggled to satisfy hundreds of thirsty conference-goers
The fact was duly noted, initially with some concern, by many of the investors and asset managers, several of them grumbling about the limited amount of liquid refreshment available to slake a healthy thirst worked up in the searing Monaco sun.
In the end, however, investors were left impressed by the quality of their numerous meetings with asset managers over the three-day event. Managers too said they were impressed by the incisiveness of investor questions.
The 500 or so investors and managers went home with new ideas, fresh plans and new found respect for each other.