Thu, Apr 27, 2017
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. Opalesque Exclusive: Ex-Man manager combines sustainable investing with AI/ML[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Dr. Richard Bateson, quant fund manager and physicist, has recently

  2. Hedge funds holding Puerto Rico bonds are looking at a long battle[more]

    Komfie Manalo, Opalesque Asia: Hedge funds which bought Puerto Rico's distressed debt bonds are facing the prospect of a long road ahead to recover their investments as the Caribbean island is attempting to use a U.S. Congress-approved rule that allows it to exploit a bankruptcy-like proceedings

  3. Other Voices: "Winner-take-all" dynamics and hedge fund investing[more]

    A growing stream of thinking in microeconomics is the concept of "winner-take-all" dynamics. The idea seems simple. A combination of networking economics and classic economies of scale creates situations where there are just a few dominant firms or economic agents who are able to capture significant

  4. Investing - How Chipotle's comeback attracted big data robots and value investors alike[more]

    From Forbes.com: When William Ackman's ailing hedge fund Pershing Square Capital Management bet $1 billion on shares in Chipotle Mexican Grill beginning in July 2016, the stakes couldn't have been higher. Pershing Square was reeling from what would eventually be a near $4 billion loss in drugmaker V

  5. Service Providers - Colemore launches fee tracking service for limited partners[more]

    Following Colmore's successful launch in January 2017, the firm has announced the launch of FAIR.. FAIR is designed to help private equity investors independently validate fees and incentives charged by underlying managers, saving time and providing an extra level of comfort. There is a glob