Seeking out new alternatives

` Institutional appetite for alternative investments is likely to grow, according to asset allocators at the MAR Hedge Conference in Geneva. Thomas Weber, head of hedge fund investments at LGT Capital Management AG in Liechtenstein, said: "Market conditions increasingly favour alternative investment opportunities. "The single European currency and market has already eliminated convergence trades, but a number of opportunities have been created by economic restructuring, harmonised regulations, booming equity markets and the need for diversification away from the US market. "Above all, ...