Did you know that there were 73,110 ultra-high-net-worth (UHNW) individuals in America in 2016, an increase of 6.7% from the year before, out of a global UHNW population of 226,450 individuals classified as Ultra High Net Worth with $30 million or more net worth. During our day to day business of coaching and consulting with investment managers all over the world, we often have to counsel them that they are indeed barking up the wrong tree. So many emerging managers, be they hedge funds, private equity funds or venture capital funds and investment advisors find themselves struggling because their message is weak, their identity and vision is obscured and diluted by ‘politically correctified beigeness’. They are usually struggling to raise assets and have a complete identity crisis as to whether they are in a B2B business (is that a B2FoF, B2E, B2C, B2FO business) or a B2C business. Contact me to talk more about this, I will expla
China’s $930 billion sovereign wealth fund is maintaining its allocations to hedge funds near current levels thanks to their “very high” risk-adjusted returns ..
Hedge funds have delivered China Investment Corp. a higher Sharpe ratio than any other asset class in its public-market portfolio, said Fan Hua, head of asset