STEVEN GROSS, PENSO CAPITAL MARKETS

FoHF managers that are able to show true alpha generation through portfolio construction and strategy/manager evaluation/monitoring will be difficult to replicate and will continue to be in demand with institutional investors. Institutional hedge fund investors have begun to recognise the need for systemic hedges on their hedge fund portfolios. FoHFs that have the experience and expertise in managing and hedging systemic risks during difficult and volatile environments will be providing an

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