Sat, Feb 28, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

More investment banks to offer 'hedge funds for the masses’

Wednesday, July 03, 2013

Komfie Manalo, Opalesque Asia:

From Komfie Manalo, Opalesque Asia:

After Goldman Sachs’ successful launch of a "hedge fund for the masses" in May that allowed retail investors to allocate as low as $1000 into the once exclusive hedge funds space, more investment banks are reported to be interested in offering the same portfolio to their clients.

According to a report by CNBC, Amy Bensted, head of hedge fund research at alternative asset data provider Preqin, investment banks, including Merrill Lynch and UBS are in the process of finalizing details to offer hedge funds for the masses as investors are moving away from traditional wealth managers to provide them alternative investment services.

The report quoted Bensted as saying, "A lot of institutional money is flowing from, say, a Credit Suisse fund to a Bridgewater fund. There has been a move from relying on wealth managers or investment banks to pure asset management shops – so for investment banks, they need to get these smaller investors in and are trying to get them used to hedge fund investing."

With a minimum of $1000, people can invest in hedge funds or alternative investments. Bensted noted that retail investors are looking to diversify their portfolios amidst low interest rates in the global markets. The low investment will make it more affordable for some people to invest in hedge funds to diversify their holdings, she said.

Since ......................

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. Investing - Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched, Myriad hedge fund sold bulk of its Alibaba stake last year[more]

    Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched From Valuewalk.com: As hedge fund manager Seth Klarman, leader of the $28 billion Baupost Group, reviews 2014 performance and considers investors gained near 7 percent on the year, he cons

  2. Adamas Asset Management and Ping An Insurance to co-manage $500m debt fund[more]

    Komfie Manalo, Opalesque Asia: Hong Kong-based Adamas Asset Management and Ping An Insurance Group, one of China’s largest financial institutions, have finalized a memorandum of und

  3. Opalesque Exclusive: dbSelect’s top ten FX strategies average almost 10% in January[more]

    Benedicte Gravrand, Opalesque Geneva: In one of Deutsche Asset & Wealth Management (AWM)’s hedge fund platforms, called dbSelect, a number of FX Strategies did very well in January. dbSelect is a managed investment platform for unf

  4. Opalesque Exclusive: SEC’s Mark J. Flannery warns hedge funds against valuation misconduct[more]

    Komfie Manalo, Opalesque Asia: Securities and Exchange Commission chief economist and director of Division of Economic and Risk Analysis (DERA) Mark J. Flannery has warned of the risks posed by market misconduct, particularly in the true valuation of assets by hedge fund managers. In his

  5. Dymon Asia's $3bn macro hedge fund lost 10.45% in January[more]

    From Reuters.com: Dymon Asia's $3.1 billion macro hedge fund lost 10.45 percent in January, performance data seen by Reuters showed, a month where many peers lost heavily after a surprise rise in the Swiss franc. Singapore-based Dymon, set up by Danny Yong, a former founding partner and chie