I have been running Opalesque for almost 10 years now, monitoring the hedge fund industry everyday. One of the major changes within that period is how hedge fund managers have become public figures. Today, the hedge fund manager shows up in television, in soap operas, in movies; the mainstream press discusses who made how much and which manager is right or wrong about what, and so on. Read in this new Opalesque Roundtable how New York based hedge fund managers are dealing with this new found fame. For example, do they recommend a Wall Street or hedge fund career to their children?
The Opalesque 2012 New York Roundtable took place on September 19th - sponsored by SunGard, Taussig Capital and Eurex – and featured the following speakers:
Amanda Haynes-Dale, Managing Director, Pan Reliance Capital Advisors
Brad Bradley, Senior Analyst, SunGard
Dan Barnett, CEO, Revere Capital Advisors
Joe Taussig, Founder, Taussig Capital
Matthew Denning, Sr. Research Analyst, PineBridge Investments (formerly AIG Global Investment Group)
Nancy Havens-Hasty, President, Havens Advisors
Ron DiRusso, Head of Investment Research, FX Concepts
Vassilis Vergotis, Executive Vice President and Head of Eurex Offices Americas
The group's candid discussion covered:
Risk: is this the right time to go illiquid or add leverage, or should you keep your powder dry?
Opportunities in long-short trading strategies, structured credit, merger arbitrage, event driven and how to seize international opportunities in Brazil and Africa
New seeding deals and offerings from PineBridge and Revere Capital:
What is the right seed deal today? How investors can double returns
Psychological or behavioral aspects to seeding that are very easy to overlook
FATCA: A train wreck waiting to happen?
Over 100,000 financial institutions affected
Tremendous withdrawals out of U.S. securities?
U.S. tax revenues of $7-10 billion versus compliance which could cost $1 trillion a year?
How hedge funds deal with the explosion of legal bills and compliance costs
How hedge funds benefit from changes in the asset allocation models of family offices and institutions
Efficient and inefficient ways to create tail risk products
Three reasons why hedge funds create reinsurance firms
How U.S. hedge funds can get exposure to European volatility and implement new alpha generating strategies
Consultants and hedge funds:
Do consultants tend to have a rear view mirror approach?
The lack of accountability: the shrunken fee differential between consultants and FoFs may affect consultants' further growth
How U.S. managers can benefit from the growth of UCITS funds
The Opalesque Roundtable Series offers unparalleled intelligence on the most important global hedge fund jurisdictions and their players. The Roundtable Series is a free publication from Opalesque and is continually updated. Please scroll down to view the full selection of our Roundtables - covering the globe!