Mon, Mar 30, 2015
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. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. Other Voices: The role of diversification in CTA portfolios[more]

    2014 brought a resurgence of managed futures strategies, or CTAs, which performed very well as a whole, outperforming all other hedge fund strategies. However, a closer look reveals that there was a wide range of performance, or return dispersion, across managers. The bottom line? Not all CTAs

  4. Neuberger Berman unit buys 20% stake in activist hedge fund Jana Partners for $2bn[more]

    Komfie Manalo, Opalesque Asia: Neuberger Berman’s unit Dyal Capital Partners bought a 20% stake in activist hedge fund firm Jana Partners worth $2bn, WSJ.com reports. The deal comes as activi

  5. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

 

banner