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16 Jun 2008

Monaco to Host Global Hedge Fund Conference

Hedge fund managers, gurus and 'Out of the box' guest speakers are gathering at the Grimaldi Forum to debate distressed investing issues and macro strategies for 2008.

The 14th Annual Gaim International 2008, a global hedge fund industry conference is being held tomorrow through Thursday in Monaco. The conference has 40 slots over 3 days and will cover issues such as the state of the world economy to strategy and hedge fund philanthropy.

1100 investors, distributors and asset managers are expected at the hedge fund industry’s flagship conference, attracting the largest proportion of asset allocators in hedge funds than any other alternatives event.

Hedge fund experts are scheduled to speak at the meeting, and the guest speakers include former holder of the land speed record, Richard Noble.

The conference is taking place as the $2.6 trillion hedge fund industry confronts poor returns and investor outflows and searches for a follow-up to the favored strategy for 2007, which was taking bets on the explosion in subprime loans.