Wanted: Private clients for hedge funds
Friday, July 3, 2009 : PermalinkCitywire.co.uk – The polished doors of the poshest hedge fund offices in St. James’s Park have been closed to humble private client managers in recent years.
As the good times rolled the retail market place was of little interest to hedge funds. But now hedge fund managers have been reduced to crowd control stewards – gradually shepherding assets out of their funds – they are discovering the benefits of diversifying into the private client market.
Tags: assets, citywire, client managers, crowd control, doors, fund-managers, good times, hedge fund, private-client, retail market, rsquo, s park, st-james, stewards
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