European funds of hedge funds (FoHFs) could be forgiven for feeling besieged. As 2012 draws to a close, performance is still rather lacklustre, sales of off-the-shelf products are under threat and continuing pressures on fees coupled with industry contraction and consolidation are reducing numbers.
Then there is the international investment management group, Aberdeen Asset Management, a relative newcomer to the FoHF scene. Some may consider it bad timing that after acquiring the UK and US institu
The week on Risk.net, August 4–10Receive this by email