Hedge fund interest at record-high level, says Danske AM
To cater for growing demand for investment strategies which have no — or low — correlation to equities and bonds, Danske Asset Management is expanding its hedge fund universe still further. Two more fund launches are in the pipeline for 2019.
Hedge fund managers based in Europe witnessed a USD 13 billion (EUR 11.4 billion) decline in their assets under management during the first half of 2018, according to alternative asset data firm Preqin.
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