Wed, Sep 17, 2014
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. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  3. Investors looking at other sources for hedge fund-like returns[more]

    Komfie Manalo, Opalesque Asia: Investors who are always on the lookout for higher gains are looking at alternative sources of income, particularly exchange-traded fund industry that generates hedge fund-like returns, according to

  4. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e

  5. Opalesque Exclusive: Old Hill Partners launches specialty finance fund[more]

    Bailey McCann, Opalesque New York: Asset-backed lending is starting to heat up again after a prolonged credit squeeze. The Financial Times reports that a record £18.9bn was borrowed from asset-based lenders in the three months to the end of June. Much of this lending is driven by advanc