Fri, Dec 19, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

FRM founder speaks of acquisition, consolidation and seeding in the fund of funds industry

Thursday, August 02, 2012

amb
Blaine Tomlinson
By Beverly Chandler, Opalesque London:

London’s Opalesque Roundtable participant Blaine Tomlinson, founder of fund of funds group Financial Risk Management commented on their acquisition by Man Group in May, the future for funds of funds generally and the development of their seeding business since 2007.

The Opalesque London Roundtable, was sponsored by Eurex, Bingham and Taussig Capital.

Tomlinson said that the two key issues of 'scale and fit’ drove the decision to integrate FRM with Man’s Multi-Manager business, creating a $19bn multi-manager business. "One of the things we are seeing in the fund of funds industry is the importance of scale" Tomlinson said. "Competition is intense, and so firms that can deliver incredible resources and breadth of capability are going to do best".

With the new set up, the new firm will have a very large and global investment team which will have access and expertise in every facet of hedge fund investing around the world, Tomlinson said. "Very few firms will be able to match this. Scale also allows us to come in as a larger investor with hedge funds, essentially aggregating......................

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. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Opalesque Exclusive: U.S. legal receivables fund launched in August[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Investing in asset-backed receivables is a strategy that has been an integral part of the alternative investment space within the overall fixed income asset c

  4. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und

  5. Performance - Lansdowne, Man Group, other hedge funds profit from shorts in oil, Turmoil boosts hedge funds that bet against Russia, oil, CTAs post strongest returns since December 2010[more]

    Lansdowne, Man Group, other hedge funds profit from shorts in oil From Valuewalk.com: The rising short interest in oil companies implies that the worst for oil is yet to come. Data from Markit shows that short exposure in energy sector of S&P 500 is still looming close to the highest mar