With this result, normal service has been resumed for the Scottish footballing fan. For a year or more we have rubbed our eyes in disbelief as an unlikely run of positive results saw our national team confound all expectations in their attempts to qualify for Euro 2008.
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The extent and speed of continuous change in the hedge fund world has implications for other players in the market, looking beyond the hedge fund managers and their investors. As the market continues to grow and evolve in terms of the creation of new hedge funds, and the permanent evolution of investment strategies drives forward, so does the need to service the changing requirements continue to evolve.
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A version of this article appeared in the FTFM Asset Services supplement in the Financial Times of October 1 2007
The search for recurring themes in the world of asset services turns up a number of the usual suspects: outsourcing; globalisation; and consolidation. But one powerful theme echoes longer and louder than these three combined, one theme to bind them all. The determined march of alternative investments into the mainstream lies at the heart of much of the soul-searching and repositioning that is taking place in the market.
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There IS intelligent life in Milton Keynes; it just took me nearly 20 years to find it after moving here from the Croydon area in 1985.
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