Lead us not into temptation

business profile

The alternative investments division of London's Threadneedle Asset Management knows how to resist temptation.

With assets in hedge funds worldwide tipping towards $1 trillion, Lorin Gresser, head of the firm's alternative investment business, says that, in theory, taking in "very large amounts of money" would not be difficult - moving from being an asset manager to an asset gatherer.

But Threadneedle's key concern is to cap funds in its Crescendo range to protect performance and existing inve