Tue, Feb 21, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Delegates agree that emerging managers face challenging times raising capital

Thursday, June 20, 2013

amb
Chris Dopp
By Beverly Chandler, Opalesque London:

Delegates at the Opalesque 2013 West Coast Roundtable, sponsored by Sunrise Capital, The California Hedge Fund Association, Eurex and Taussig Capital discussed the problems facing emerging managers in the current economic climate.

Chris Dopp, Senior Vice President, Eurex explained that from his vantage point of speaking with both fund managers and institutions, he recognised the difficulties smaller and emerging managers face in raising assets. "The institutionalization of the investor base favors the largest fund managers as most pensions, for example, cannot represent more than 10% of a fund’s total assets. With allocations getting larger, that rules out most managers under $1bn in AUM" he said.

"As an illustration, total AUM in the managed futures industry is now almost $340bn, making it the largest single strategy in hedge fund space. Yet, 65% of all assets are managed by the 35 largest CTAs and the remaining 35% managed by over 900 CTAs. Over the past five years, the imbalance has grown."

Dopp said that he didn’t know what the catalyst would be, but ......................

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. People - Kuwait wealth fund head Al Saad said to step down after 14 years[more]

    From Bloomberg.com: Kuwait Investment Authority is set to name Farouk Bastaki as managing director, replacing Bader Al Saad who ran the world's fifth-largest sovereign wealth fund for 14 years, a person familiar with the matter said. The KIA, as the fund is known, is finalizing the appointment, said

  2. Manager Profile - Eddie Lampert: a painful entanglement with Sears[more]

    From Moneyweek.com: "In the long run we are all dead." Lex in the Financial Times reached for the famous quote from John Maynard Keynes in January when, after a long and unforgiving decline, the clock finally appeared to be running out on Sears, the iconic US department store group. Yet the group's

  3. Investing - Hedge funds quit Aberdeen shorts as shares begin to recover, Hedge funds' next big short: U.S. malls, O'Connor fund owns 9.5% of Protalix Biotherapeutics, U.S. hedge fund takes position in Macau hotel The 13[more]

    Hedge funds quit Aberdeen shorts as shares begin to recover From Investmentweek.co.uk: The last two hedge funds to short Aberdeen Asset Management have removed their positions, as the fund group's shares begin to show signs of recovery after a difficult few years. According to the Financ

  4. Latin America, high yields and Asia Pacific strategies dominate hedge fund returns in January[more]

    Komfie Manalo, Opalesque Asia: Latin America (+7.04%), high yield (5.63%), and Asia-Pacific (+5.06%) strategies dominated hedge fund performance in January, data provider Hennesee Fund Research said. The bottom three strategies for the mont

  5. Investing - Hedge funds loading up on this dividend stock, The biggest hedge funds have been piling into bank stocks[more]

    Hedge funds loading up on this dividend stock From Incomeinvestors.com: Hedge funds are backing up the truck on Cameco Corp stock. Billionaire Jim Simons owns 389,000 shares. Other Wall Street titans - including Ray Dalio, Ken Griffin, and Chuck Royce - have been quietly building positio