Thu, Mar 30, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Industry experts predict more hedge funds allocations, more market discipline and due diligence in 2010

Friday, January 15, 2010

amb
From Precy Dumlao, Opalesque Asia.

At a recent seminar sponsored by international offshore firm Walkers held in New York City, several major financial experts predicted more allocations to hedge funds this year at the expense of equities. At the same time, the experts also anticipated greater market discipline from investors and an increased focus on due diligence by providers and custodians.

Todd Groome, non-executive chairman of the Alternative Investment Management Association (AIMA) said that among the positive trends to be seen in the hedge funds industry are the new allocations to a variety of strategies. He pointed out that in Asia, managers are looking to at least 75% new allocations coming from the U.S., especially from pension funds. The rise in hedge fund launches also signifies a return in confidence, he said.

"Market discipline from investors is back with a vengeance. Investors are asking for greater transparency. They want to use the transparency to create a more idiosyncratic contract for their particular situation and a particular strategy," Groome pointed out.

Joel Press, of Morgan Stanley, said the industry should expect hundreds of smaller start-ups in 2010 adding that seeding was more important than ever. He predicted that the hedge funds industry would be worth $3tln four years from now, compared to the current estimated value of $1.8tln.

"There is no need for hedge fund fees to go down," Press said. "If you lo......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: FS Investments launches energy fund[more]

    Bailey McCann, Opalesque New York: $19 billion Philadelphia-based FS Investments has launched a new interval fund which will invest in energy. The FS Energy Total Return Fund is the firm's first closed-end interval fund and will invest opportunistically in energy companies and assets. FS

  2. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  3. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He

  4. Opalesque Exclusive: Swiss start-up and German fund manager to launch AI hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: NNAISENSE, a Swiss start-up that develops artificial intelligence (AI) and machine learning applications, and

  5. Eric Mindich to shutter hedge fund Eton Park after difficult 2016[more]

    Komfie Manalo, Opalesque Asia: Erich Mindich is shutting down his hedge fund Eton Park after losing 9% in 2016 and its assets falling by $2bn to the current $7bn, Reuters reported. Mindich told investors