Fri, Oct 31, 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

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. Macks aim to raise $750m for real estate debt fund[more]

    From Therealdeal.com: Father-son duo William and Richard Mack and former Blackstone Group managing director Peter Sotoloff are starting a new real estate debt fund. Together, the trio hopes to raise more than $750 million for the private equity fund, according to the Wall Street Journal. The fund wi

  2. Manager Profile - Seth Klarman: Lessons for retail and institutional investors[more]

    From Valuewalk.com: Seth Klarman is virtually unknown outside value circles, despite his impressive record and value of assets under management. On average Baupost has returned 19% p.a. despite holding a large portion of its assets in cash. During the financial crisis, Seth Klarman’s funds lost some

  3. North America - FATCA leads 75% of U.S. expats to consider dropping citizenship[more]

    From International-adviser.com: Nearly three quarters of American expats are considering the renouncement of their citizenship following July’s introduction of the “absurd” Foreign Account Tax Compliance Act (FATCA). The findings, which were revealed in a survey by deVere, come alongside the news th

  4. New app allows asset managers easy interaction with portfolios, securities, holdings, transaction details[more]

    Komfie Manalo, Opalesque Asia: Global financial services software company SS&C Technologies Holdings has launched Explorer, a powerful data visualization and analysis tool that turns critical investment data into meaningful information. Explore

  5. Opalesque Exclusive: Mariner’s new healthcare mandate applies strategic approach across pharmaceutical and biotech sectors[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A team of two was hired in February this year t