Wed, Jun 28, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers February 2014

PERSPECTIVES: News, views and findings relevant to the emerging manager space

Investors are moving away from simply investing in the largest funds

Good news for smaller managers. Preqin's latest survey found that the highest proportion of hedge fund investors (57%) are targeting managers with $1-5bn in assets, and the lowest proportion are targeting funds with more than $5bn, suggesting that investors are moving away from simply investing in the largest funds. Investors are also more open to consider smaller managers, especially those with a track recordâ€

A large proportion (92% for hedge fund investors) plan to put more or the same level of capital to work in the next 12 months as in the previous year. 32% of hedge fund investors are looking to commit more capital. (Full article here) Emerging Managers are the hallmark of the managed futures industry

James Bibbings, President, Turnkey Trading Partners comments on National Futures Association ("NFA")'s recent review of the regulatory structure applicable to Commodity Pool Operator ("CPO") and Commodity Trading Advisor ("CTA") operations, and its request for comment.

Bibbings is of the opinion that the NFA should not impose a minimum capital requirement on CTA Members. He notes: "The current lifeblood of the commodity interest industry within the United States is managed futures and the development of emerging managers. According to the CME the space has grown by 700+ % since 2002. With certainty, a CTA capital obligation will damage the emerging manager space and starve the growth engine of our industry."

"... Emerging Managers are the hallmark of the managed futures industry," he continues. "At one point in time, the largest and most successful CTAs and CPOs were emerging managers. Turnkey clearly believes that, as an industry, we need to be at the forefront of protecting investors. However, we also need to foster an environment th......................

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. Investing - U.S. hedge fund in anonymous bet against Tesco shares, Hedge funds made repeated attempts to invest in Veneto banks, Steve Cohen's Point72 takes stake in struggling electronics retailer Conn's, Hedge fund Excalibur bets Riksbank will tighten by end of year[more]

    U.S. hedge fund in anonymous bet against Tesco shares From FT.com: A $20bn New York hedge fund is using an offshore shell company to anonymously bet against the shares of the UK supermarket Tesco, raising fresh questions over the efficacy of European short selling disclosure rules.

  2. Investing - In Amazon's shadow, hedge funds take aim at Brexit-hit retailers[more]

    From NYTimes.com: Hedge funds have significantly stepped up bets against Britain's traditional high street retailers, as the sector struggles with online competition, worries about a stretched consumer and weakening sales and profits. The risks were on full display on Tuesday when shares in Debenham

  3. ...And Finally - Nighttime barbecue festival in downtown Memphis![more]

    From Newsoftheweird.com: On May 19, Carl Webb and his wife left a nighttime barbecue festival in downtown Memphis and headed home. They drove 14 miles on an interstate highway before a police officer pulled them over to ask if Webb knew there was a body on his trunk. The man was clinging to the lip

  4. Global macro hedge funds lose on sharp drop in oil prices[more]

    Komfie Manalo, Opalesque Asia: Global macro hedge funds suffered losses due to the sharp fall in oil prices and the drop in U.S. and U.K. Treasury yields, Lyxor Asset Management said in its Weekly Briefing. The Lyxor Global Macro Index fell -1.0% from 13 June to 20 June (-3.4% YTD). The Lyxor

  5. State pension plans see liabilities increase in 2016 - Wilshire[more]

    Bailey McCann, Opalesque New York: The funding ratio of state pension plans dropped four percentage points to 69 percent in fiscal year 2016, according to Wilshire Consulting. A year ago, Wilshire Consulting's annual state funding report uncovered a funding ratio of 73 percent. "U.S. stock pe