Fri, Jul 31, 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: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge funds, seeing opportunity, invest in struggling hotels in Puerto Rico[more]

    From NYTimes.com: Puerto Rico’s tourism industry has fallen victim to the island’s struggling economy, hit by one misfortune after another. In March, the San Juan Beach Hotel filed for bankruptcy. This week, the Condado Plaza Hilton was forced to close its casino. But nearly two thousand miles away,

  3. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  4. Opalesque Roundup: Hedge fund assets rose to 11th consecutive quarterly record level: hedge fund news, week 31[more]

    In the week ending 24 July, 2015, the total global hedge fund industry assets rose to the 11th consecutive quarterly record level in 2Q15 to $2.97tln; Eurekahedge reported that hedge funds raised $93bn in the first six months of 2015; The SS&C GlobeOp Forward Redemption Indicator for July 201

  5. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

 

banner