Thu, Oct 2, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers October 2013

News and Perspectives: Latest relevant views and findings

OPINIONS

Anthony Scaramucci: advertising is for Davids, not Goliaths

It has been nearly a month since the JOBS Act allowed hedge funds to advertise, but so far there have been few takers.  According to reporting by the FT, smaller "upstarts" have shown interest in advertising, but the larger, more established funds view advertising as sign of failure to raise capital. Anthony Scaramucci, founder of Sky Bridge Capital, a fund of funds, tells the FT, "The Goliaths in our industry are not going to advertise... They think it is gauche and dèclassè, and their partners already have their private planes and their beachside mansions in the Hamptons, so why disrupt the business model?"

But for smaller hedge funds, advertising could provide just the exposure they need. "It presents an opportunity for the Davids to come in with their slingshot, and we are working on our messaging right now. If you choose the right weaponry, you can take out Goliath," Scaramucci told the FT.

Anthony Scaramucci was interviewed by New Managers last year: After closing two vintage seeding funds, SkyBridge is creating a new emerging manager product

FoHFs are not the outdated product that we may think they are

Even if they can't themselves invest directly in hedge funds (e.g. not enough internal resources), investors struggle to justify allocations to funds of hedge funds (FoHF), as the latter have had bad press lately, says Francois Buclez, CIO and CEO of Cube Capital, an independent alternatives boutique with offices in London and Asia, in a Preqin article on the changing FoHF landscape.

But FoHFs are not the o......................

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. Legal - Court throws out lawsuits related to Fannie Mae, Freddie Mac profits, Insider case by SEC is a step removed from Herbalife itself, SEC grants Citigroup waivers, easing hedge-fund curbs[more]

    Court throws out lawsuits related to Fannie Mae, Freddie Mac profits From WSJ.com: A group of Wall Street investors on Tuesday suffered a blow in their attempts to sue the federal government over their treatment of the shareholders of mortgage finance giants Fannie Mae and Freddie Mac af

  2. Launches - Goldman Sachs Asset Management launches GS Long Short Fund, Western & Southern launching international hedge fund, Lansdowne Partners plans energy hedge fund, RBC Global Asset Management launches new RBC Funds (Lux) - Asia Ex-Japan Fund, PVE Capital latest credit strategy to launch on the Sciens managed account platform[more]

    Goldman Sachs Asset Management launches GS Long Short Fund From Marketwatch.com: Goldman Sachs Asset Management has announced the launch of the Goldman Sachs Long Short Fund, which pursues high conviction investment ideas in global equity markets through a fundamental, bottom-up approach

  3. M&A - Goldman fund takes stake in Caxton, Neuberger Berman acquires Orchard Square hedge fund, Top banks, hedge funds buy Perzo messaging platform for $66m[more]

    Goldman fund takes stake in Caxton From FT.com: Caxton Associates, one of the best known macro hedge fund managers, has sold a 9.9 per cent stake in itself to a fund managed by Goldman Sachs, according to a letter sent to its investors. The investment in Caxton, which manages close to $8

  4. Unconstrained bond funds: Where hedge fund strategies meet mutual funds[more]

    From CNBC.com: For all the talk and buzz around indexes, or passive investing, the next big thing for bond mutual fund investors may be strategies that are the exact opposite. The rapid growth of "unconstrained bond funds" has been thrust into investor spotlight given last Friday's stunning news tha

  5. Service Providers - Aequitas Capital launches exclusive provider network for independent RIAs[more]

    From Insurancenewsnet.com: Aequitas Capital, a diversified financial services company, has launched the Aequitas Financial Services Network (AFSN), a singular member network of select product and service providers who offer diverse yet complementary capabilities designed to empower Registered Invest