As the hedge fund industry matures, managers who survived the financial crisis are now beginning to focus on growing beyond their original business models, according to EY’s seventh annual survey of the global hedge fund market, Exploring pathways to growth. However, the survey shows that while managers want to grow their assets under management through new products and distribution channels, investors do not necessarily plan to increase allocations to hedge funds and are not interested in buying multiple products from one manager.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/64370-ey-seventh-annual-survey-of-the-global-hedge-fund-market
Eagle Rare Kentucky Straight Bourbon Whiskey has named Tonya M. Evans of Lawrence, Kansas as the winner of the Grand Prize 2013 Rare Life Award. Eagle Rare will donate $30,000 to Evans’ charity, American Fallen Warrior Memorial Foundation (www.afwmf.org). Evans, who founded the charity in March 2011, is in the process of raising funds to establish a 20-acre, $30 million memorial honoring the memory of all military personnel lost since the first Gulf War and in Operations Desert Storm, Desert Shield, Iraqi Freedom, Enduring Freedom and all peripheral operations in the war on terror.
To view Multimedia News Release, go to http://www.multivu.com/mnr/58724-buffalo-trace-distillery-tonya-m-evans-grand-prize-2013-rare-life-award
Despite increasing regulatory requirements for hedge funds, only 10% of investors feel that regulations effectively protect their interests, and 85% of investors do not believe these requirements will help prevent the next financial crisis, according to Ernst & Young’s sixth annual survey of the global hedge fund market, Finding Common Ground.
To view Multimedia News Release, go to http://www.multivu.com/mnr/59011-ernst-young-global-hedge-fund-survey-perceived-benefits-of-regulation
