Sat, Sep 5, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge fund administrators continue to grow, technology a leading cost driver

Wednesday, March 12, 2014

Bailey McCann, Opalesque New York:

As regulation and reporting requirements grow for alternative investments, hedge fund administrators are growing as well. Assets under administration (AuA) are now up 6.23% to $6.37tn in the second half of 2013 compared to the first half of 2013, according to the results of the annual eVestment Alternative Fund Administrator Survey. This is the 14th edition of the administrator survey eVestment has conducted and the first to expand beyond administrators’ hedge fund and funds of funds capabilities to include information on private equity, real estate, alternative ’40 Act funds and UCITS.

Even though costs are on the rise for hedge funds in light of new compliance requirements, technology requirements, and an overall move toward institutional grade funds structures, investors continue to allocate to the industry. Alternative fund assets reported for eVestment’s administrator surveys have increased at an annual rate of 3.83% since 2008. Industry observers have argued that the allocations to the industry post-2008 represent a stickier client as institutions, family offices and high net worth individuals learned lessons after the crisis and have become more savvy about their investments.

As compliance requirements mount, administrators who responded to the survey were quick to note ......................

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: New Detroit-based CTA seeks to take advantage of coming volatility[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging manager has just set up his one-man shop in the city of Detroit. Synchronicity Futures,

  2. Opalesque Exclusive: When the SEC calls, fund managers need to get out of their own way[more]

    Bailey McCann, Opalesque New York: New pressure is hitting alternative investment funds from all angles. So far this month both hedge fund and private equity players have seen enforcement actions, and subsequent fines over fees, disclosures, and misleading statements. Citi one of the biggest

  3. Fortress hedge fund manager David Dredge says markets trouble on the way[more]

    From AFR.com: David Dredge of global hedge fund Fortress has built a career studying, predicting and protecting against the world's major financial crises. The recent convulsions in global sharemarkets are "just the beginning" of a painful adjustment as money drains from the emerging market economie

  4. North America - Puerto Rico agency plans talks with hedge fund creditors[more]

    From WSJ.com: Puerto Rico’s Government Development Bank is planning to begin confidential debt-restructuring talks with hedge funds that own its bonds as early as next week, said a person familiar with the matter. The parties are set to discuss a plan under which the investors would lend additional

  5. Launches - BlackRock’s McKenna starts hedge fund with $270m, Ex-BlueBay fund managers Phillips, Fayman to launch hedge fund in 2016, Dallas lawyer, Wall Street-savvy doctor team up to form biotech-focused hedge fund[more]

    BlackRock’s McKenna starts hedge fund with $270m From Bloomberg.com: BlackRock Inc. has started an event-driven hedge fund one year after hiring Harvard Management Co.’s Mark McKenna to run the strategy. Global Event Partners, which seeks to profit from corporate events such as takeovers

 

banner