Money managers under the microscope
Further signs that, for those with cash to invest, there could be some great opportunities to invest in hedge funds.
Man Group’s RMF Global Emerging Managers portfolio has invested $50 million in 5:15 Capital Management’s* flagship fund and says the opportunity set has never been better.
The reason, according to Hans Hurschler, head of hedge fund ventures at Man, is twofold.
Firstly, many speculators such as hedge funds and bank prop trading desks have simply been wiped out or seen their firepower curtailed as a result of the credit crisis. This means less competition for those remaining funds.