Fri, Jul 3, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers June 2013

News & Perspectives

Barclays: the industry is maturing

The hedge fund business is growing at a slower pace with fewer, larger players in the market, according to a Barclays report out in mid-June. Assets under management are hitting an all-time high but fewer hedge funds are being launched, an indication of the industry's maturation, reported MarketWatch.

"Hedge fund managers looking to grow their assets under management today can no longer take inflows for granted," said Harry Harrison, head of prime services, rates, securitized products and municipals trading at Barclays. "This challenging capital raising environment requires them to have a clear growth strategy involving the choice of a business model that supports their growth ambitions."

The Isle of Man offers incentives for new funds who register there

Ian Morley is currently founder of Wentworth Hall Consultancy, told Opalesque:  "The Isle of Man is positively encouraging hedge funds to choose the Island as a location and offering incentives." The Island is offering 40% of certain costs covered for two years to new funds or start-up businesses who register there.

To make it easier for start-ups, the Financial Services Commission does not force the entire rules and regulations onto the start-up company until they have had a reasonable amount of time to go out and raise the funds intended, he added. "It is a graduated manager license. Of course you have to be approved and to report but for the serious start-up this is a rare situation to have a regulator that is sympathetic to the vagaries of markets and the one who will try to help not hinder growth. A real breath of fresh air." (Full ......................

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: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds panic over Greece[more]

    Komfie Manalo, Opalesque Asia: Some investors are in panic mode as Greek Prime Minister Alexis Tsipras announced Sunday night that the banks and the stock market would be closed Monday, said

 

banner