Thu, Apr 2, 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. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Opalesque Roundtable: Emerging managers should avoid chasing 'institutional unicorns'[more]

    Bailey McCann, Opalesque New York: For managers looking to raise a new fund after the crisis, marketing efforts will need to be significantly different, according to delegates at the recent Opalesque Texas Roundtable. "Most of the smaller managers come to the whole fund-raising and marketing

  3. Cohen's private investments deliver strong 7.5% gain in Q1[more]

    From Reuters.com: Billionaire Steven A. Cohen's investments gained 7.5 percent in the first three months of 2015, according to a person familiar with the numbers, helping the former hedge fund manager extend his string of market-beating returns. Cohen's Point72 Asset Management, which invests

  4. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

  5. Opalesque Exclusive: Cyber security and hedge funds: increased awareness, Part One[more]

    Benedicte Gravrand, Opalesque Geneva: If you look at the recent cybersecurity news from Bloomberg, hackers are frightening the people: they steal photos and threaten to expose them, they can break into ATMs, they ha

 

banner