Tue, Feb 21, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds should keep watch on changing regulatory environment

Thursday, February 09, 2012

amb
Barbara Wall
From Komfie Manalo, Opalesque Asia:

UCITS or Undertakings for Collective Investment in Transferable Securities funds are becoming more popular amongst hedge fund managers who line up to launch under the platform but many of them miss their mark because of the changing regulatory environment, said research firm Cerulli Associates. While fund managers struggle to break out from the pack and offer complex, high alpha products, regulators and fund distributors are looking for simplicity and straight-forward strategies, the study added.

Cerulli Associates’ director Barbara Wall commented, "It is unlikely UCITS overseers will allow the brand to be compromised in any way. While some managers have successfully circumvented the shorting ban, their interests may be better served by looking to strategies other than shorting within the complex UCITS structure to secure returns."

Wall advised hedge fund managers keep their eye on the ever changing regulatory machine. One of the adjustments managers will have to consider is the abandoning of direct short selling, which has been widely criticized as counterproductive.

As well as focusing on strategies that side-step the shorting ban, critics are also focusing on the use of other derivatives - primarily synthetic exchange-traded funds (ETFs) in alternative UCITS. Cerulli noted that the latest ETF sales figures released during the 20......................

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. With $54bn in assets, Philippines is ready for hedge funds, alternative investment products[more]

    Komfie Manalo, Opalesque Asia: With the country's outstanding fund management industry at $54bn and growing, the Philippine market and its investors are ready to invest in "more sophisticated" asset management products, like hedge funds and alternative investments, said Deanno J. Basas, presi

  2. SoftBank to buy Fortress Investment for $3.3bn[more]

    From Reuters.com: Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund. The all-cash deal is SoftBank's first major investmen

  3. ...And Finally - Truth in advertising[more]

    From Newsoftheweird.com: Girl Scout Charlotte McCourt, 11, of South Orange, New Jersey, saw her sales zoom recently when she posted "brutally honest" reviews of the Scouts' cookies she was selling -- giving none of them a "10" and labeling some with dour descriptions. She was hoping to sell

  4. Europe - Brexit - Updated legal guide, Euro exchange rates set to tumble as hedge fund's super computer predicts Marine Le Pen will be next French president, Swiss fund market hits all-time high[more]

    Brexit - Updated legal guide From Herbertsmithfreehills.com: When we began analysing in depth the possibility of Britain exiting the EU (Brexit), 18 months prior to the June 2016 referendum, the business consensus was very much that Brexit was a remote prospect that either would never hap

  5. People - Gramercy appoints Bradshaw McKee as managing director of Capital Solutions, Trump taps Cerberus's Feinberg to lead intelligence review[more]

    Gramercy appoints Bradshaw McKee as managing director of Capital Solutions Gramercy Funds Management LLC, a $5.8 billion dedicated emerging markets investment manager, today announced the appointment of Bradshaw McKee to the position of Managing Director, Capital Solutions and Distressed