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.
!["I have never experienced the current level of demand for our hedge fund strategies," says Michael Petry, head of hedge funds at Danske Asset Management. | Photo: PR](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article10927960.ece/ALTERNATES/schema-16_9/Michael_Petry-702x336_edit.jpg)
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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