Tue, Oct 6, 2015
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. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From Marketrealist.com: In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with

  4. A hedge fund strategy that seems to have fizzled[more]

    From Gulfnews.com: The hedge fund strategy that has attracted the most money this year is on course to cause some of the biggest losses for investors, in the latest example of the dangers of going with the crowd. Institutions and individuals have piled an estimated $20 billion (Dh73 billion) into ma

  5. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i