Wed, Dec 12, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Benefits of launching a fund on a platform

Wednesday, February 28, 2018

Komfie Manalo, Opalesque Asia:

Launching a hedge fund on a platform accelerate the process immensely all the way from setting up to license procurement, said Masaki Gotoh, CIO and partner at Misaki Capital during the latest Opalesque 2018 Japan Roundtable.

However, Gotoh said that if a firm wants to do it on their own, they should be aware that the Japanese market regulator Financial Services Agency is not trying to be restrictive by imposing stringent regulations, but that the rules and procedures in place are intended to protect the investor "so you have to keep an open mind about the process and proactively gain their [the Japan FSA's] trust."

He told participants of the Roundtable, "I have friends who are starting up and I basically say the exact same thing to them. It's going to be costly, but that's just the way it works here. They [the FSA] really care about sustainable businesses. They don't want 100 funds and 99 of them going under the next year or two. I think as long as you put that effort and investment in and show them that you are not just trying to make a buck, it can accelerate the process immensely."

Gotoh explained that when he and his partner started Misaki Capital four years ago, it took them about four months to get their FSA license.

He added that they didn't have a large starting capital when t......................

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. Hedge funds pivot back to stocks, raising leverage from 2018 low[more]

    From Bloomberg: The smart money is finally warming up to U.S. equities after turning defensive in the past few months. Hedge funds' gross leverage, a measure of the industry's risk appetite, climbed 2.5 percentage points to 234.5 percent as of Nov. 29 from a one-year low reached 10 days earlier, cli

  2. Brexit: Hedge funds make big bets against post-Brexit UK economy, Hedge funds rent a lifeline to stay afloat in EU post-Brexit, Treasury green-lights sale of new EU funds into UK[more]

    Hedge funds make big bets against post-Brexit UK economy From The Guardian: A pair of hedge funds owned by prominent Brexit supporters have made significant bets against companies exposed to the British consumer including big high street names. Odey Asset Management, part-owned by Cr

  3. Trends: Licking their wounds, fund managers prep for rally in '19, Concerns rising over leveraged loan market[more]

    Licking their wounds, fund managers prep for rally in '19 From Reuters: With bond and equity markets from the United States to emerging markets all on pace to lose money this year, investors have not seen this much red on their screens since 1972, the last time no asset class returned at

  4. New Launches: Swiss boutique launches EM impact bond fund, Jungle Ventures to raise $200m third venture capital fund, CPR AM licences five funds with new climate rating, Sailing Capital seeks $1.5bn for second fund, Liquid multi-strategy alts focus of new Schroder fund, Vivo Capital rakes in $864m, Swiss group launches sustainable European small-cap fund[more]

    Swiss boutique launches EM impact bond fund From City Wire: Swiss impact investmenting boutique BlueOrchard has launched a Ucits-complaint impact bond fund. The Luxembourg-domiciled Emerging Markets SDG Impact Bond fund will allocate to companies in emerging and frontier markets and aims t

  5. Institutional Investors: PennPSERS earmarks $450m for 3 funds, adds new funds to DC lineup, Qatar Investment Authority has accelerated investments in technology, Elon Musk says he would no longer accept Saudi investment, San Francisco City & County Employees slates $192m for alternatives[more]

    PennPSERS earmarks $450m for 3 funds, adds new funds to DC lineup From Pennsylvania Public School Employees' Retirement System, Harrisburg, allocated $450 million to three investment funds and added 11 new funds to its defined contribution lineup, confirmed Evelyn Williams,