Thu, May 28, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers May 2013

Focus - Barriers to entry are high for emerging hedge fund businesses in Canada

North of the main hedge fund country is another one, a bit larger in terms of square miles, and where around $31bn is managed by local hedge funds. This is Canada.

I spoke with some experts on what it is like to set up a hedge fund in Canada: the COO of AIMA Canada, a lawyer and two hedge fund managers who recently set up shop in Canada. All of them presented at a workshop on starting a hedge fund business in Canada earlier this month. What transpired from those conversations is that the barriers to entry are high in Canada in terms of registrations, capital requirements, and capital raising. However, there are good reasons why Canadian hedge funders still do business in Canada: life is good there, and opportunities exist.

Toronto Skyline (Source: www.bestourism.com)

The current landscape for new hedge funds in Canada

James Burron

The Alternative Investment Management Association (AIMA) in Canada conducts a continuous survey of the Canadian hedge fund industry, and according to this survey, there are 135 hedge fund managers in total with C$32bn (US$31.1bn) in AUM. Five or six years ago, the industry's AUM were around C$12 to C$15bn. According to the AIMA Canada Handbook, the bulk of Canadian hedge fund managers is situated in Toronto.

......................

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: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  2. Investing - Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds, Hedge funds buy Actavis, Valeant. ETFs join the party, The most loved biotechs of big hedge funds, Stocks to buy ... according to hedge funds, Atlantic City bond offering attracts hedge funds as buyers, Okumus Fund Management discloses huge new Ascent Capital Group stake[more]

    Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds From Boingboing.com: When a giant hedge fund is bidding on all the foreclosed houses in a poor neighborhood, living humans don't stand a chance -- but that's OK, because rapacious investors make great landl

  3. Institutions - Institutional investors turn to real estate, planes, Assets at Bostonís five biggest family nonprofits rise to $3.5bn[more]

    Institutional investors turn to real estate, planes From Joins.com: The National Pension Service and domestic emerging market specialists who did not know where to invest in a low interest rate environment are turning to other investments like the blue-chip real estate market abroad.

  4. Opalesque Exclusive: BMO launches multi-strat '40 act fund[more]

    Bailey McCann, Opalesque New York: As we reach new market highs, investors are looking for a way to diversify and protect their portfolios from a potential market correction. Liquid alternatives are rapidly gaining ground as a critical tool for investors to use to mitigate downside risk. The BMO

  5. All hedge fund strategies rebounded last week as market conditions normalize[more]

    Komfie Manalo, Opalesque Asia: After a difficult start this month, all hedge fund strategies ended last week in positive territory, as the Lyxor Hedge Fund Index gained 0.9% (-0.2% MTD, 3.3% YTD). According to Lyxor AMís latest Weekly Briefing, in t

 

banner