Spotted on hedge fund website Albourne Village’s ordinarily sensible and informative Residents’ Questions Board:
Posted by one consultant on Monday 16 October:
l See in today’s news that European institutional allocation to hedge funds increased from 26% in 2005 to 35% in 2006. This is good news! US managers, take note. My question is, for AI [alternative investment] professionals in the US, a knowledge of which European language would be most appropriate?
Comments: – Knowledge of English would likely prove very useful. Unlike [in] North America, it is widely spoken in Europe.
– uh, English?
– I can confirm that in France they currently speak French and in Germany they currently speak German... and, as far as I’m aware, Spanish is and will always be in greater current usage than Vietnamese in Spain. And so on...
