Mon, Jul 28, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

RIA Info comes to market offering radical transparency on the hedge fund industry

Monday, February 10, 2014

Bailey McCann, Opalesque New York:

A new site is online that offers a pretty radical amount of transparency about hedge funds and advisers. RIA Info looks a little basic at first blush, but for a fee, the site makes it possible to download any administrator, prime broker, or auditor's client list and see where that list intersects with the list of other service providers.

Apart from offering transparency, the site also makes it harder for administrators to exaggerate the amount of assets they have under administration. The site could also make third party marketers maintain a higher level of accuracy in their information, given that relationships are now easily identifiable.

According to sources familiar with the site, the data comes from a combination of proprietary algorithms that gather information, and the most recent SEC filings. Users can search based on a variety of filters including location, strategy and size. Sources say the ability to sort by size will mean more competition from smaller firms that will now be able to figure out competitors and friendly referral sources in various markets.

Based on search data, the overlap between service providers like Ernst&Young and Goldman Sachs can be surprising. Users of the data will be able to get confirmation on industry rumors whenever moves take place. The website's creator prefers to remain anonymous, and based on the FAQ, unhappy users are unlikely ......................

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. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  3. Opalesque Exclusive: Loeb, Grantham cite growing economic concerns in letters[more]

    Bailey McCann, Opalesque New York: Hedge fund manager Daniel Loeb, head of Third Point, and Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. have both released their quarterly investor letters today. While news is positive on some fronts, and both men see pockets of opportunity, they also h

  4. Investing – Hedge funds expect Netflix earnings to catapult forward, Third Point's Loeb takes stakes in Fibra Uno, YPF, Royal DSM, Lake Capital in talks to back Engine Group[more]

    Hedge funds expect Netflix earnings to catapult forward From Investing.com: Netflix has made major strides forward in 2014 despite ongoing battles with the FCC and cable companies over the issue of net neutrality. The FCC has now received over 500,000 comments from the public on its pend

  5. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag