Sat, Jan 31, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers November 2012

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

Pension funds turn to emerging managers

Some of the world's largest pension funds are increasingly turning to emerging managers to generate alpha, PIonline.com reported. "There is renewed interest in emerging managers, stemming in general from investors looking for diversity among managers - not necessarily just on an outperformance level but also (in terms of) diversity in investment ideas, which may be coming from smaller firms," Andrew Junkin, managing director at investment consultant Wilshire Associates Inc. based in Denver, told the paper.

This month's Focus article tells you more on the biggest U.S. pension fund's investments in emerging managers.

Emerging CTAs viewed as strong outperformers by investors

CTAs are down on average 1.3% (BarclayHedge) so far this year, but investors still view this strategy as a valuable investment. More specifically, they see emerging CTAs as significant outperformers, according to a new industry survey conducted by UK-based Autumn Capital Partners LLP, and US-based Efficient Capital Management for Opalesque. The survey looked at more than 200 responses from CTAs, investors and service providers.

44% of respondents said that a CTA with $50m in assets or less would be considered emerging. In order to break out of the emerging class, over half of those surveyed said they need to see a three-year track record. 51% said that the background of the manager has a significant effect on investor confidence in a newer firm. And......................

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. Opalesque Exclusive: Ex-Citi trader launches 'sleep-at-night’ long/short equity fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: After working at Citi's proprietary trading desk, managing a large portfolio between 2008 and 2011, Joel S. Salomon founded SalaurMor Management in New Yor

  2. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  3. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  4. Update: Prosecutors seek 12 years for hedge fund manager Francisco Illarramendi[more]

    Komfie Manalo, Opalesque Asia: Federal prosecutors have asked the court to sentence convicted hedge fund manager Francisco Illarramendi to 12 years imprisonment for running an elaborate Ponzi scheme that bilked investors hundreds of millions in dollars, including a Venezuelan pension fund, report

  5. Institutions - Ontario pension fund leader calls all asset classes ‘expensive’, Taiwan's BLF plans $2bn in alternative mandates[more]

    Ontario pension fund leader calls all asset classes ‘expensive’ From WSJ.com: The head of one of the world’s largest pension funds said that across asset classes, “everything is expensive.” Ron Mock, who leads Canada’s $141 billion Ontario Teachers’ Pension Plan, said that the plan would