Organisers at the Fund Forum 2008 had been worried about the impact of the credit crunch on fund managers' budgets; would the kitty stretch to another three-day jamboree by the seaside in these belt-tightening times?.
It does look a little like there are fewer high profile names; Goldman is one outfit which seems to have scaled down its presence this year, while regular senior attendees like Fortis Investments' Richard Wohanka are taking a break. But the conference has still pulled in 1300 delegates. "We were uncertain of the take-up because of the current market conditions, but the number of bodies attending this year is about the same as last year," said one relieved conference producer.
Managers still need to market their wares and pick up new ideas, after all, and potential clients and rivals will still be jetting into the industry's flagship conference from around the globe. That appears to have convinced enough fund firms to follow Winston Churchill's oft-quoted advice: "If you're going through hell, keep going."
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