Ecommerce Journal, 24 Mar 2009
Shirin Ismail, head of absolute returns investment strategies at Fullerton Fund Management unit of Temasek, told at the Reuters Private Equity and Hedge Funds Summit in Singapore that the company would be allocating more money into hedge funds. “This is an area we will add on because this is where we think it will give us that level of capital preservation that we need,” she said.
A year after hedge fund withdrawals reached a record $159bn, and some commentators even predicted that half of existing hedge fund managers could be shutting down, Fullerton plans to allocate more funds to hedge funds as they provide greater downside protection comparing to equities.
Read More
