Thu, Mar 5, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Into the fire - managers who launched into the global financial crisis and were strong enough to survive - Part Two

Wednesday, October 20, 2010

From Kirsten Bischoff, Opalesque New York:

They are the managers who launched into the worst financial crisis since The Great Depression. The swelling ranks they joined would soon be devastated from the investor redemptions and performance losses that took the industry from a peak of $2.1tln assets down to $1.5tln as of this year.

Those that survived the most devastating time in hedge fund industry history enter the expected period of asset growth in a position of strength. Smaller, newer firms have been shown to deliver strong performance and although that has been in their favor, the asset-raising environment has not. Even though $100m has officially been declared the new $1bn for hedge fund launches, for many young funds $100m is not a realistic launch but remains a long-term asset-raising goal.

The good news is launching into such turbulence has provided managers with more than just gray hair. They have been given the chance to build up track records that illustrate mastery of their strategy and excellent risk management. Although much of the current asset growth is being funneled into larger funds, these managers maintain that consistent performance and a long-term outlook for building their businesses will eventually translate into sharing the assets expected to return (in excess of previous highs) to the industry.

Suranya Capital Partners For Anu Murgai, Managing Principal and Portfolio Manager of Connecticut-based Suranya......................

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. Outlook - Philippe Jordan predicts 'alternative beta' to displace hedge funds, Stan Druckenmiller says Europe, Japan stocks will outpace U.S.[more]

    Philippe Jordan predicts 'alternative beta' to displace hedge funds From Investordaily.com.au: The disappointing performance of hedge funds in recent years is a result of "too much money chasing too little alpha", argues Capital Fund Management. Speaking to InvestorDaily, CFM partner Phi

  2. Investing - Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched, Myriad hedge fund sold bulk of its Alibaba stake last year[more]

    Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched From Valuewalk.com: As hedge fund manager Seth Klarman, leader of the $28 billion Baupost Group, reviews 2014 performance and considers investors gained near 7 percent on the year, he cons

  3. Investing - As rig count falls, hedge funds pile into long crude futures, Parus tactically shifts long/short exposure ratios, Mario Draghi outflanking Kuroda as bearish euro bets surge, Prime Capital’s 500.com bet derailed after 41% drop[more]

    As rig count falls, hedge funds pile into long crude futures From 247wallst.com: In the week ended February 27, the total number of rigs drilling for oil in the United States came in at 986, compared with 1,019 in the prior week and 1,430 a year ago. Including 281 other rigs mostly drill

  4. Opalesque Exclusive: dbSelect’s top ten FX strategies average almost 10% in January[more]

    Benedicte Gravrand, Opalesque Geneva: In one of Deutsche Asset & Wealth Management (AWM)’s hedge fund platforms, called dbSelect, a number of FX Strategies did very well in January. dbSelect is a managed investment platform for unf

  5. Opalesque Exclusive: SEC’s Mark J. Flannery warns hedge funds against valuation misconduct[more]

    Komfie Manalo, Opalesque Asia: Securities and Exchange Commission chief economist and director of Division of Economic and Risk Analysis (DERA) Mark J. Flannery has warned of the risks posed by market misconduct, particularly in the true valuation of assets by hedge fund managers. In his