Sun, Apr 20, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

US and UK still the dominant regions for hedge funds, says IOSCO survey

Tuesday, October 22, 2013

Komfie Manalo, Opalesque Asia:

The second International Organization of Securities Commissions (IOSCO) Hedge Fund Survey showed that the United States and the United Kingdom still are the two predominant regions where hedge fund managers/advisers are located.

IOSCO surveyed 1,044 qualified hedge funds representing assets totalling $1.94tln.

These hedge funds are typically domiciled in offshore jurisdiction – the Caymans being the most popular - to enjoy tax benefits and other regulatory perks.

In terms of investment strategy, equity oriented strategies are the favourites, while macro-oriented and multi-strategy funds are also significant.

"The report shows how financial leverage is used by firms to increase their market exposure," the survey announcement adds. "This data is at the core of the systemic risk analysis that regulators aim to better understand and capture."

As for liquidity risk, a key measure by which regulators estimate a fund’s potential for financial distress, the survey finds that under current market conditions few funds actually need to restrict investor liquidity.

IOSCO’s secretary general David Wright commented, "This work is an essential building block to develop a more transparent and open global financial system. It is essential that regulators have the full picture of all parts of the market from which to make appropriate policy judgments. The report also acknowledges the limitations involved in this data collection ex......................

To view our full article Click here

Banner
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: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A

  4. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  5. Commodities – Popular value fund manager David Iben bets on Russia, gold,[more]

    From Reuters.com: With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is back with a new fund that reflects his deep aversion to following the crowd. In the Kopernik Global All-Cap Fund, David Iben is follo