Sun, Oct 23, 2016
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

As the US expresses worry about hedge fund protectionism in Europe, domestic regulators may inflict more damage

Wednesday, April 14, 2010

From Kirsten Bischoff, New York:

While Tim Geithner has expressed his concern over European regulation that will make it difficult for US hedge funds to compete in EU countries, hedge fund managers in the US are just as concerned about the scope of proposed domestic regulation. The fear for US managers is that the swinging pendulum will be pushed by political agendas and the final regulations aimed at the industry will be more costly than beneficial to both managers and investors.

"The SEC is an agency under fire. You put that together with broad new authority and many people think the SEC will be looking to redeem itself and that may result in overregulation," says Mitch Nichter, partner in the Investment Management Practice at international law firm Paul Hastings.

Most managers are resigned to the fact that hedge fund registration will become the rule. In fact, many have come to embrace the fact that registration and a certain level of additional regulatory oversight may be one of the best ways for US hedge funds to rehabilitate their image.

Although hedge fund performance has been strong over the past year and February brought inflows of $16.6bn (according to BarclayHedge), US hedge funds can now only boast 60% of market share (a number that has continued to decline through the past decade). "We're losing market share," Vince......................

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. M&A - U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga, Hedge fund Parvus shows hand, toppling William Hill merger deal[more]

    U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga From The fierce battle to buy Britain's biggest private equity group has come to an unexpected conclusion, with the original bidder walking away with the prize. SVG Capital has agreed

  2. Marc Lasry: Energy is still a phenomenal opportunity[more]

    From Distressed debt specialist Marc Lasry said energy debt is still a "phenomenal opportunity" because investors can get "massively overpaid" for the risk they take on. There are "huge opportunities" in the energy sector especially in restructurings, the Avenue Capital Group CEO said Tues

  3. Opalesque Exclusive: Ex-SAC manager re-emerges with market neutral hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A manager re-emerged from the SAC battleground last year to launch his own hedge fund under the umbrella of New York-based investment firm Endicott Group.

  4. North America - Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation, Billionaire hedge fund titans Dinan, Lasry on election, markets and best investment ideas[more]

    Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation From Kyle Bass, founder of Hayman Capital Management, on Wednesday warned that the U.S. is headed toward so-called stagflation. Stagflation is typically described as persistently high inflation and hi

  5. Macro hedge funds up 3.3% in one week on Fed and Brexit pays off[more]

    Komfie Manalo, Opalesque Asia: Hedge funds were boosted by the strong performance of global macro funds, with the Lyxor Global Macro Index gaining 3.3% as of the week ending Oct. 11 (-1.7% YTD), Lyxor Asset Management reported. Their short on the p