Hedge funds put on hold while consultants take calls from traditional investments
Feb 9th, 2009 | Filed under: Featured Post, Today's Post
Consulting firm Casey Quirk released its annual “Consultant Search Forecast” earlier today. The report is based on a survey of 64 investment consultants conducted in the fall (post-Lehman, pre-Madoff) by Casey Quirk and manager database provider evestment Alliance.
This year’s report contains some notable difference from previous years. For starters, hedge funds have dropped from being a high “interest” and high “search focus” to being kind of average (chart below from report).
Taking their place at the top of the heap as generating the highest interest are traditional investments which were listed as “a takeaway game” last year and “nice and steady” in 2007. More…
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