The company says it has not been hit by the redemption problems that have hurt other managers in the hedge fund market and this may be because it runs managed accounts, not funds.
Managed accounts are segregated mandates run by underlying hedge fund managers on behalf of a Fohf manager.
Chief executive officer Christopher Cruden says: “In light of Madoff, Fohf managers are leaning towards managed account structures. I am sure they are doing this because they have to, not because they want to.
“Investments must be liquid and transparent from a client’s point of view, so the move towards managed accounts is investor-led. Fohf managers often do not have the experience in managed accounts. It is going to be new and interesting for them.”