Fri, Apr 18, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers December 2012

News & Perspectives - Recent news, views and findings of interest to emergin hedge fund managers and investors

News & Perspectives Concept survey finds institutional allocators more open to emerging managers

Concept Capital Markets conducted a survey of some 108 investors, representing $150bn in direct hedge fund assets, ‘to gain insights into allocators' dispositions toward hedge funds', and found that there will be an increasing allocations for 2013, with an emphasis on emerging managers. Indeed, respondents to the survey overwhelmingly (86%) indicated that they will be increasing their allocations to hedge funds in 2013. And emerging managers appear to be the principal beneficiaries of these increased commitments, with 58% of respondents targeting managers with less than $50m AUM and 61% of respondents showing interest in managers with track records of less than two years. Additionally, institutional allocators seem to be less reluctant to be early investors. More than half of respondents to the survey indicated that they had already been "day one" investors, and of those that had not committed capital to startups, 40% responded that they would be open to the opportunity. (Full Opalesque article).

E&Y survey finds investors allocate more to new managers, FoFs get more concessions

Ernst & Young's 6th annual survey of the global hedge fund market also found that investor support for emerging and start-up funds is increasing.

However, there is an accompanying squeeze on margins, most notably from funds of funds managers, who are demanding and getting a variety of concessions, particularly on fees (95%), often in r......................

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. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  4. Commodities – Popular value fund manager David Iben bets on Russia, gold,[more]

    From Reuters.com: With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is back with a new fund that reflects his deep aversion to following the crowd. In the Kopernik Global All-Cap Fund, David Iben is follo

  5. Opalesque Exclusive: Pensions, endowments, family offices reconsider life settlement investments[more]

    Bailey McCann, Opalesque New York: Hedge funds were once the largest investors in the life settlement industry, now the industry is seeing more interest from pensions, endowments and family offices directly. Life settlements have always been considered a niche part of the investing landscape, an