Sun, Jul 24, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Dexion's Robin Bowie declares the hedge fund of funds' landscape has changed for the best

Friday, June 14, 2013

by Beverly Chandler, Opalesque London:

Robin Bowie, founder of Dexion Capital, a boutique investment bank focused on alternatives, is in defensive mode over the firm’s listed fund of funds (fofs) business, a sector he and his team pioneered in 2000. In its stratospheric rise through the bull markets to 2007/8, the fofs' landscape has changed for the best according to Bowie.

In an interview with Opalesque, Bowie said: "We are at the point where most investors are questioning whether hedge funds are the right way to run money because of the expenses that are involved in doing so and investors also question the funds of funds model because of the additional expenses involved in running funds of funds."

Bowie continued: "So fund of funds have had to rethink their business model and articulate where they add value. In manager selection; manager monitoring and de-selection; negotiation of fees and monitoring and managing risk. Constructing portfolios, managing portfolios; seeking opportunity set change and effective client reporting. Negotiating managed accounts with different objectives to the main fund in order that they can blend the fund of fund correctly." If all of these are done well, Bowie says that this is worth paying for.

Dexion’s two listed funds of funds are Dexion Absolute and Dexion Trading, both up 4.8% to the end of May this year but Dexion Trading is sitting on a discount between ne......................

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: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Opalesque Exclusive: ArbitrOption outperforms benchmarks, up 7.18% in H1[more]

    Komfie Manalo, Opalesque Asia: Independent registered advisor ArbitrOption breezed through the tumultuous Brexit referendum and outperformed its benchmarks. ArbitrOption was up 7.18% in the first half of 2016 compared to the S&P 500 which gain

  4. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  5. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New