Sat, Apr 18, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Other Voices: The real impact of the JOBS Act

Monday, February 24, 2014

amb
Phil Niles
This article was authored by Phil Niles Head of CET - Americas at Mitsubishi UFJ Fund Services.

Back in June 2012, I published a piece outlining why the JOBS Act may have very little significance to the hedge fund industry. At the time, many industry commentators were already ushering in a marketing heyday for alternative investments and some envisioned a fundamental change in the way funds are marketed to investors, while I saw the landscape in a rather different light. I received more feedback from this article than any other I have written, split fairly evenly between two camps: "you’re exactly right" and "you’re out of your mind".

Regardless of which side of the fence you find yourself on, there can be no doubt that the legislation has the potential to be a game-changer. The long-term influence of the JOBS Act on the industry, by definition, remains to be seen and to be sure some investment managers have already begun to utilize the looser advertising standards to promote their brand. As the mutualization of the industry takes further shape, specifically through the increased use of structures like "40 Act" funds, direct marketing could become more prevalent.

That said, from even a cursory glance, we can already see the real impact of the JOBS Act. More than ever, hedge fund m......................

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. Tiger Global falls 2.9% in March, down 5.3% in Q1[more]

    From Reuters.com: Investment firm Tiger Global Management, one of the hedge fund industry's most closely watched players, told clients that its hedge fund lost 5.3 percent during the first quarter, an investor said on Wednesday. Much of the decline came in March when the fund lost 2.9 percent,

  2. It’s not just hedge funds—IMF study finds stability risks from ‘vanilla’ funds[more]

    From MarketWatch.com: Leveraged hedge funds and banklike money-market funds are the parts of the asset-management industry most associated with risks to financial stability. But a report from the International Monetary Fund suggests that “plain-vanilla” mutual funds and exchange-traded funds also ca

  3. Hedge funds gain 2.4% in Q1 driven by currency and commodity markets[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted positive results last March to conclude a strong first quarter, with performance driven by strong macro trends in currency and commodity markets, complemented by broad-based gains and positioning in event driven, equity hedge and fixed income-b

  4. Hedge funds looking to continue their rally in Q2[more]

    Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

  5. Hedge funds down -0.17% in March (+1.23%YTD)[more]

    Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

 

banner