Hedge Fund Investor Satisfaction At Record High

By ExpatBriefing.com Editorial 31 December, 2013

A survey published by London-based research and consultancy firm Preqin on December 19, 2013 shows that investor satisfaction with hedge fund performance in November was the highest ever recorded in a Preqin study.

Preqin interviewed 148 institutional investors with a total of more than USD60bn invested in hedge funds to ascertain their outlook on the industry for 2014. Of these investors, 21 percent stated that hedge fund returns in 2013 had exceeded expectations, and a further 63 percent said that returns expectations had been met.

Meanwhile, a mere 16 percent of investors felt returns expectations had not been met, a noticeable decrease from the 41 percent that stated the same for 2012 in the previous year's survey.

Hedge funds have posted 2013 year-to-date returns of 10.04 percent as of 30 November, compared to 8.24 percent in the same period in 2012, Preqin's report says. If performance in December continues along the same lines as the rest of the year, hedge funds could be on track to post their highest net returns since 2010.

The past two years have proven to be successful ones in terms of meeting these investors' performance needs. The average net annualized return over the past two years is 10.03 percent (as of November 2013) and the benchmark has been in negative territory just four times out of 23 months since the start of 2012.

Tags: Investment | Investment Funds | Hedge Funds | Expats |


News Archive