HONG KONG -- Manley Financial today releases its twelfth annual Alternative Investor Survey, which stands as one of the largest and longest standing hedge fund investor surveys available.
This year over 30 investor entities participated, representing over $1.8 billion in hedge fund assets.
Manley Financial's Asset Management Director, Mr. Stephen-James Mulgrew said: "Hedge funds continue to establish their growing position within the broader asset management industry, alongside some of the more mainstream asset managers. The hedge fund industry is predicted to reach a record $3 billion by year end driven by significant inflows, most notably from institutional investors."
Manley Financial's Anita Senior Partner, Mr. Daniel de Jesus said: "With the majority of investors happy with hedge fund performance, we expect institutional investors to further strengthen their commitment to hedge funds. Last year's respondents targeted 9.2% for their hedge fund portfolios, and hedge funds delivered - the weighted average return for respondents' hedge fund portfolios this year was 9.3%. Looking forward, respondents are targeting 9.4% for 2014."
Conducted by Manley Financial's Global Prime Finance business, the survey identifies trends amongst a growing and evolving hedge fund investor base. Respondents include asset managers, public and private pensions, endowments and foundations, insurance companies, fund of funds, private banks, investment consultants and family offices.
Manley Financial is an investment services company which was founded in Hong Kong in 1994 by Peter Manley, Vicente Alvarez and Sebastian Lu. Our founders established the firm to provide a range of investment products such as brokerage, wealth management, mutual funds, asset management and commodity brokering to institutional clients around the world.
Founded as Manley, Alvarez and Lu Financial over 20 years ago, we have commonly been known simply as Manley's in Hong Kong for many years. We changed our name to Manley Financial in 2008 following the retirement of Vicente Alvarez in 2005 and Sebastian Lu in 2008, and have continued to expand our operations throughout Asia. In 2009 we opened our Taipei Bureau, followed by Shanghai in 2010 and Osaka in 2012.
From our institutional background, we expanded the reach of our services in 2011 to include retails clients such as private clients and high net worth individuals as well as financial institutions and institutional investors, mutual funds and corporate clients.
Manley Financial's advice is based upon a solid foundation of research. We invest heavily into our research processes and our team, actively seeking out and recruiting the best and we constantly evolve and seek to improve our methodologies. Manley Financial presently has expert research teams tracking over 30 industry sectors and commodity markets globally.