Tue, Jan 24, 2017
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 - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  2. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  3. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee

  4. Macro hedge funds and CTAs outperform in December on strong dollar[more]

    Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik

  5. Opalesque Exclusive: Roxbury credit events UCITS gathers more assets[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised