Tue, Sep 30, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Swiss managers fear over-regulation could kill hedge fund industry

Wednesday, December 05, 2012

From Komfie Manalo, Opalesque Asia:

Hedge fund managers who took part in the latest Opalesque 2012 Zurich Roundtable have voiced concern that new regulations have made it very difficult for new managers to build their business.

The Opalesque 2012 Zurich Roundtable took place in the office of Eurex and was sponsored by IDS, Taussig Capital and Eurex.

Speaking during the Roundtable, Dr. Urs Ramseier, chairman of Twelve Capital, an investment manager specializing in insurance related investments, said, "Today, an asset manager needs a risk manager, a portfolio manager, compliance officer, and so on. The barriers of entry are now much higher. The worry is that these developments will in the end kill the single fund management industry in Switzerland. Just look from where the innovation in our industry is coming from. It is not coming from places like UBS or Credit Suisse, but rather from the smaller asset managers who set out on their own. They have a good idea, create their fund and if they are successful they will raise assets and grow. This is how the innovation is happening."

Two or three years ago, talented investment professionals were able to st......................

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. Socially responsible investments grow in demand, but performance questions persist[more]

    Komfie Manalo, Opalesque Asia: A study by financial services firm TIAA-CREF showed that interest in socially responsible investing (SRI) is increasing rapidly, but investors are still asking if investing in an SRI strategy

  2. Regulatory - Ireland launches structure for passporting loan origination funds within EU[more]

    From Asiaasset.com: The Irish Funds Industry Association (IFIA) has introduced new loan origination capabilities that will offer Asian managers and investors a new structure under the European Union’s (EU’s) Alternative Investment Fund Managers Directive (AIFMD). The new structure will allow the mar

  3. Europe - Ed Miliband's war on hedge funds could damage City of London[more]

    From Telegraph.co.uk: Ed Miliband’s plans to wage war on hedge funds could be potentially more damaging to the City of London than even the financial transaction tax (FTT), senior banking sources warned on Tuesday night. The Leader of the Opposition took aim at a number of industries as part of his

  4. News Briefs - SEC probes Pimco ETF over pricing irregularities, BEPs: Action plan released and UK first to adopt country-by-country reporting[more]

    SEC probes Pimco ETF over pricing irregularities The Securities and Exchange Commission is investigating Pimco’s pricing of exchange traded funds, the latest cloud to hang over the world’s largest bond manager, which has been dogged by poor performance and management infighting. Pimco on

  5. Outlook - Julian Robertson: There are two bubbles that can bite us[more]

    From Businessinsider.com: Legendary hedge fund manager Julian Robertson gave a warning about two bubbles that could "bite us" at Bloomberg Market's Most Influential Summit. "I agree with the fact that the economy is definitely getting better. I think the cause of that is two bubbles that will