Wed, Mar 21, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

40 Act fund space is promising but some funds may not have true liquidity

Monday, December 02, 2013

Scott Schweighauser
Benedicte Gravrand, Opalesque Geneva:

Panelists at the recent Alternative Assets Summit in Las Vegas said that costs to bring a '40 Act to market had dropped significantly and that it now takes around four months to structure a fund. Indeed, now a lot of U.S. alternative fund managers are launching '40 Act hedge fund-style mutual funds (funds registered under the Investment Company Act of 1940), the most recent being Franklin Templeton and K2 Advisors, Morgan Creek and Blackstone Alternative Asset Management.

Despite some of the unknown challenges, many of the hedge fund managers and funds of funds involved in '40 Act funds feel the game is just beginning, said a recent report from Infovest21, a research firm. Only about 1.1% of all mutual fund assets i.e. $108 billion are currently in alternative '40 Act funds, according to Morningstar. 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. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  2. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/ Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  3. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t

  4. Institutional Investors - Overdrawn pension fund scores gains[more]

    From Investments in big banks, pawn shops and rolling papers helped boost public safety workers' underfunded pensions this past calendar years, according to newly released figures. After recording middling returns in recent years, the Police & Fire Pension Fund (P&F) notched

  5. Hot hedge fund loses 21% after bet on volatility goes wrong[more]

    From In December, Shahraab Ahmad shared with his hedge fund clients the principle that helped him trounce peers for two turbulent decades: steer clear of the crowd. He'd turned $50 million into an operation with more than $700 million over three years and delivered market-beating retu