Standard and Poor’s has revealed in its latest review that funds-of- hedge-funds managers have continued to build on absolute performance in
Standard and Poor’s has revealed in its latest review that funds-of- hedge-funds managers have continued to build on absolute performance in 2H09 by improving portfolio liquidity. Recognizing the increasing importance in liquid strategies and growing appetite for UCITS III-regulated funds, the ratings firm has now decided to launch a new fund group within its FOHFs’ directory. The group currently contains five Ucits III-regulated FOHFs and a UK-authorized fund-of-alternative-investment-funds (FAIF). S&P lead analyst, Randal Goldmsith, was quoted as saying that, strategically, “FOHFs managers we spoke to have mixed views, but a number think that low-beta equity hedge fund managers should do well.”
