More optimism in 2010

What percentage of hedge fund/fund of hedge fund clients have you lost/gained in 2009? What are your forecasts for 2010?

Many administrators experienced a more positive year in 2009, although the pick-up in assets under administration (AUA) was somewhat dampened, only increasing in the second half of the year. For 2010 there is a much more optimistic outlook, with many forecasting significant growth, albeit from depressed AUA levels.

To date none of Omnium’s clients have resigned to switch to another administrator, says John Buckley. “Although some funds faced difficulties raising capital in 2009 and industry-wide