Thu, Oct 2, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers September 2012

Perspectives - Recent views and findings of interest to new hedge fund managers

PerTrac: most of H1 gains came from small or start-up funds, but most inflows went to billion-dollar club

The total, reported amount invested within the hedge fund industry, including funds of hedge funds and CTAs, climbed to $2.317 trillion in the first six months of 2012, according to PerTrac, the database provider. The total number of all funds reporting to databases also jumped by 4.61% to 14,013, led by single-manager hedge funds, whose ranks swelled 7.46% to 10,754 funds.

Most of the gains in the number of single-manager hedge funds (75%) came from small and start-up funds with less than $25 million in AuM.

Even if the gains came from small funds and start-ups, investors who allocated to alternatives in 2012 favored the largest funds, PerTrac notes. The "billion dollar club" of single-manager hedge funds, those that oversee more than $1 billion, saw AuM increase to $1.146 trillion from $1.08 trillion at the end of 2011. The billion-dollar-plus funds represented 60% of all assets invested with single-manager hedge funds at the end of H1-2012.

FRM: strategies are important criteria for seeders

During the recent Opalesque Roundtable in London, participant Blaine Tomlinson, founder of fund of funds group Financial Risk Management (FRM) commented on the firm's recent acquisition by Man Group, the future for funds of funds and the development of FRM's seeding business, which has been running since 2007.

It is important to be very selective in terms of the strategies, he commented. "Do we think a part......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

Banner

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. Legal - Court throws out lawsuits related to Fannie Mae, Freddie Mac profits, Insider case by SEC is a step removed from Herbalife itself, SEC grants Citigroup waivers, easing hedge-fund curbs[more]

    Court throws out lawsuits related to Fannie Mae, Freddie Mac profits From WSJ.com: A group of Wall Street investors on Tuesday suffered a blow in their attempts to sue the federal government over their treatment of the shareholders of mortgage finance giants Fannie Mae and Freddie Mac af

  2. Launches - Goldman Sachs Asset Management launches GS Long Short Fund, Western & Southern launching international hedge fund, Lansdowne Partners plans energy hedge fund, RBC Global Asset Management launches new RBC Funds (Lux) - Asia Ex-Japan Fund, PVE Capital latest credit strategy to launch on the Sciens managed account platform[more]

    Goldman Sachs Asset Management launches GS Long Short Fund From Marketwatch.com: Goldman Sachs Asset Management has announced the launch of the Goldman Sachs Long Short Fund, which pursues high conviction investment ideas in global equity markets through a fundamental, bottom-up approach

  3. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is

  4. Opalesque Exclusive: Institutions eye private credit over traditional fixed income[more]

    Bailey McCann, Opalesque New York: Investing in private insurance, realty tax receivables, or investment-grade short-term accounts receivable may not spring to mind as a means of mitigating risk in a portfolio, but one firm, New York-based BroadRiver Asset Management is out to change all that. Th

  5. Short-term trading quant fund beats S&P since '09[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A relatively new multi-strategy, market-neutral quantitative hedge fund has managed to outperform the S&P500 and the HFRX Global since 2009. New Jersey-ba