Alternative Fund Administration Survey 2010

Changing fortunes: Competition for alternative assets is intensifying as the 2010 survey results show some ranking changes. Sophia Morrell reports on the shifting environment reflected in this year's alternative fund administration survey.

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The alternative fund business has been one of the most obvious victims of the financial crisis. Hedge funds have shouldered the media blame for exacerbating the meltdown, private equity has suffered a downgrade in value and a crisis of trust and real estate has found itself at the nexus of subprime troubles.

2010, however, has so far seen a moderate upturn for some areas of the business. New and returning inflows found their way into selected alternatives and recovering equity markets provided a

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