Sat, Aug 2, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Preqin study reveals hedge fund terms are changing to favour the investor

Friday, September 07, 2012

Beverly Chandler, Opalesque London: Research firm Preqin has conducted an in-depth investor study on hedge fund terms and conditions in this month's Hedge Fund Spotlight. The firm examined how fund terms are changing to favour the investor; whether fee structures are being affected in the current climate and investors' concerns around transparency and liquidity. In the same issue, they also explored the latest trends in hedge fund manager fee levels, looking at the breakdown of fees by fund structure; the difference in fees dependent on location and strategy and the future outlook for hedge fund fees.

For terms and conditions of hedge funds, Preqin’s survey found that there have been continued shifts in favour of institutional investors, with 60% of investors interviewed agreeing that the interests of investors and managers are properly aligned and an additional 14% of investors strongly agreeing with this statement.

Preqin’s research also found that the traditional 2&20 fee structure has come under increasing pressure over recent years, with many investors seeking reduced fees. Managers have responded to this increase in investor pressure, as half of investors interviewed noted an improvement in the management and performance fees offered by fund managers in 2012.

Preqin writes: "In particular, the proportion of investors observing an improvemen......................

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. Opalesque Exclusive: Kyria Capital Management bets on women hedge fund managers[more]

    Bailey McCann, Opalesque New York: As hedge fund assets top $3 trillion, and long/short strategies get more crowded than ever, with every manager hunting for even the tiniest bit of alpha, a new firm has emerged that claims its own edge – women. A recent Rothstein Kass study showed women-owned a

  2. Opalesque Exclusive: Q2, H1 end positively for hedge fund performance[more]

    Bailey McCann, Opalesque New York: New hedge fund monitor data from Citi Prime Finance shows that overall, hedge funds ended the month of June and the first half of the year positively. Composite hedge fund performance, equal-weighted across funds, ranged from +0.93% to +1.73%. June-14 performa

  3. Many CTAs have become more short-volatility in the last five years[more]

    Benedicte Gravrand, Opalesque Geneva: Quantitative easing has reduced and then suppressed volatility for the last five years. So analysts at R.G. Niederhoffer Capital Management recently examined if there had been a tendency for CTAs and hedge funds to adjust their styles to become more 'shor

  4. Other Voices: Event driven strategy outlook: Broader focus required[more]

    This article was authored by Alex Gavrish, founder and CEO of Etalon Investment Research, and author of "Wall Street Back To Basics."

  5. Other Voices: Not so easy to replicate activist hedge funds and achieve similar performance[more]

    This article was authored by Alex Gavrish, founder and CEO of Etalon Investment Research, and author of "Wall Street Back To Basics." With the amount of activist investments on the rise during the last few years, more and more media at