Abstract
Overview
Introduction
This report presents views on the market for hedge fund investment based on a
survey of 100 leading asset managers across Europe. The report, which covers
mass market, high net worth and institutional customer groups, forms part of a
series looking at the market for alternative investments in Europe.
Scope
- Sizes the onshore hedge fund market in France, Germany, Italy, Spain and
the UK and provides forecasts to 2012;
- Analyses legislative developments and their implications for growth in the
European hedge fund market;
- Identifies the primary client segments and appropriate marketing and
distribution strategies for individual countries.
Report Highlights
There will be strong growth in funds of hedge funds over the next year, with
less demand for single hedge funds according to 65% of asset managers in
Europe. Asset managers in Spain and Italy believe most strongly that the
demand for funds of hedge funds will outstrip that for single hedge funds,
followed by France, Germany and finally the UK.
Across the five core economies in Western Europe - France, Germany, Italy,
Spain and the UK - institutional investors now dominate the market for hedge
funds. On average, slightly more than two-thirds of asset managers confirmed
that this group represents their biggest customer segment for hedge funds
today.
In Italy, mass market investors may also be put off by the price of hedge fund
investment, according to 40% of asset managers there. In Spain, on the other
hand, demand from mass market clients is being limited by competition from
capital-protected and structured products and inadequate promotion of hedge
fund products by banks and advisors.
Reasons to Purchase
- Assess the implications of recent and proposed legislation for your
business development prospects in domestic and pan-European markets.
- Gain insights into your target client segments, based on the collective
experience of your peers in the industry.
- Ascertain the strategic options for developing a hedge fund offering,
including information on distribution, target markets, and competition.
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