Wed, Jun 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Citco reports rapid evolution in the hedge fund arena

Friday, March 23, 2012

Beverly Chandler, Opalesque London: William Keunen, Global Director of fund administrators Citco Fund Services reports that he is seeing a revitalised hedge fund industry with fund launches and managers coming off proprietary trading desks and out of hedge funds. "Of course it takes longer to get started now, the bar is higher and raising capital is no bed of roses, but the battered markets have not deterred managers from going it alone" he said.

Principal changes that he is seeing include:

  • Closer cooperation between managers, investors and service providers to raise public awareness about the industry. This has always been an uphill battle but Keunen is encouraged to see investors joining industry associations such as AIMA and the MFA engaging with Washington and Brussels.

  • Investors looking for customised access to good managers through innovative portfolio construction, with a specific strategy mix, information flow, liquidity and fee level, increasingly combining standard funds of funds portfolios with managed accounts, advisory mandates, 'funds of one’ and structured products. Correspondingly, the desire to access new investor markets will lead to the set-up of regulated onshore funds and wrappers, even Chinese feeders.

  • Service providers becoming more integral to the delivery of risk information to investo......................

    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. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  2. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  3. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  4. People - Mariner Investment’s co-CIO Williams to leave $5.5bn firm, IOOF hires new alternatives portfolio manager[more]

    Mariner Investment’s co-CIO Williams to leave $5.5bn firm From Bloomberg.com: Basil Williams, co-chief investment officer of Mariner Investment Group, is leaving the $5.5 billion hedge-fund firm after negotiations to renew his contract failed. Williams will stay in his role until t

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.