Tuesday, March 31, 2015

Global Leaders in Investment Management Attend Hedge Fund Summit in DIFC

The 2015 AIMA Middle East Hedge Fund Summit Convened Key Regional Investors with Global Industry Leaders

DUBAI, United Arab Emirates - Tuesday, March 31st 2015 [ME NewsWire]

The Dubai International Financial Centre (DIFC) was the sponsoring host of the global financial industry on March 31st, 2015 when it welcomed 280 delegates to the premier regional conference
held by the Alternative Investment Management Association (AIMA), the global hedge fund industry body. The exclusive event convened star portfolio managers, institutional investors and economists who debated macro trends, regional market developments and alternative investment opportunities for the year ahead.

Sohail Jaffer, Deputy CEO of FWU Dubai Services and Middle East regional representative of AIMA, said, “Increased interest in hedge funds and alternatives comes at a time when institutional investors are seeking out investments uncorrelated to their portfolios. Pursuit of such strategies has broadened beyond sovereign wealth funds, pension funds and proprietary capital asset allocators. Our goal in organising this event is to advance investors’ understanding of hedge funds through education and thought leadership.”

In a discussion of which hedge funds strategies might perform best in 2015, Marie Cardoen, Head of Alternative Sales - EMEA for Goldman Sachs Asset Management commented, “Both for the year ended 2014, and the year to date 2015 through February, tactical trading/macro strategies have strongly performed and were top of the list, which is a big turnaround from previous years. This can be partly attributed to the persistence of macro-economic trends, such as the US dollar appreciating versus other currencies, and the decline in oil prices. These types of trends could continue. Furthermore, if dispersion among individual securities becomes more pronounced, as seems to be the case, this could bode well for the other alternative strategies; we also see a strong potential for Equity Long Short strategies in an environment where stocks are priced at all time highs.”

Organised by Dalma Capital Management in association with Goldman Sachs Asset Management (GSAM), Apex Fund Services and FWU Group – the conference featured seasoned panels and workshops, which included discussions on the direct impact on investments caused by global and GCC market outlooks, the impact of cheap oil, an expensive dollar and potentially steepening interest rates on regional economies, trends and developments in alternatives and allocation and effects of the UAE upgrade to Emerging Market status.

Howard Leedham MBE, Chief Executive Officer of Dalma Capital, said, “Dalma Capital was delighted to help organise AIMA’s Middle East Hedge Fund Summit. Alongside the DIFC, AIMA and the event’s prestigious sponsors we enjoyed another dynamic event and welcomed some of the best in-sector leaders, speakers, delegates, AIMA members and guests to the Summit.”
Speaking ahead of the summit, Rajesh Pareek, CFO, DIFC said, “DIFC is pleased to partner with Goldman Sachs Asset Management and Dalma Capital to host the second edition of the AIMA Middle East Hedge Fund Investors Summit. It’s an outstanding forum to develop relationships, to gain insight into successful strategies across industry segments and to learn from leaders who are transforming investment strategies. Today, innovation is not only restricted to a new product, but also includes a new approach to investing, deploying strategies that simplify processes, or, even coming up with a new service. We are deeply honoured to facilitate the collaboration of talented fund managers and astute accredited investors on one platform.”

Attendees of AIMA’s Middle East Hedge Fund Summit primarily consisted of portfolio managers, analysts, risk managers, business leaders and other key representatives of the financial industry.
For more information please visit the conference website at http://www.hfsummit.com

About AIMA

The Alternative Investment Management Association (AIMA) is the global hedge fund industry association, with over 1,500 corporate members (and over 8,000 individual contacts) in over 50 countries. Members include hedge fund managers, fund of hedge funds managers, prime brokers, legal and accounting firms, investors, fund administrators and independent fund directors. AIMA’s manager members collectively manage more than $1.5 trillion in assets. All AIMA members benefit from AIMA’s active influence in policy development, its leadership in industry initiatives, including education and sound practice manuals, and its excellent reputation with regulators worldwide. AIMA is a dynamic organisation that reflects its members’ interests and provides them with a vibrant global network. AIMA is committed to developing industry skills and education standards and is a co-founder of the Chartered Alternative Investment Analyst designation (CAIA) – the industry’s first and only specialised educational standard for alternative investment specialists. For further information, please visit AIMA’s website, www.aima.org.

About Dalma Capital

Dalma Capital arguably represents the next generation of asset management in the GCC. They are a multinational hedge fund manager that has established itself and its strategy on the simple philosophy that “The essence of astute, long-term investing is the management of risks before the management of returns.” To achieve this, Dalma strives to optimise the best practices and methodologies of the world’s leading hedge funds and investment managers with cutting edge technology, global regulatory oversight, world-class service providers and experienced leadership.
Dalma Capital recently received multiple Alternative Investment Awards from Wealth and Finance International as “Best for Quantitative Modeling”, “Best Fund Management Platform”, “Most Innovative Fund” and “Best Risk Adjusted Return Fund” in the UAE. www.dalmacapital.com


Howard Leedham MBE
Dalma Capital Management Limited

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