Sun, May 1, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers July 2014

FOCUS: Emerging managers in France

Emerging managers in France will do well to seek differentiation and structural lucidity From left to right: Antoine Rolland, Olivier Kintgen, Fabrice Dumonteil, Natasha Cazenave, Christophe Baurand, Paul Beck, Denis Beaudoin, Matthias Knab

The participants of the recent Opalesque France Roundtable discussed the emerging manager landscape at length, and here are a few interesting snippets. ERAAM: Smart proposition is in the emerging manager story

"The problem is that because (American investors) are so far away, they aren't comfortable with how Europe looks from overseas," says Olivier Kintgen. Hence they rather invest with a U.S.-based manager. However, I think the know-how is within the European-based manager with an origination background or a very strong fundamental analysis engine. It is probably one great opportunity for FOF to set a proper diversification within some managers, and because we do emerging managers historically we have a very smart proposition to show in that space, and it will be an emerging manager story."

Kintgen is the CIO of an asset manager based in Paris called Europanel Research & Alternative Asset Management (ERAAM), which focuses on manager selection, runs $650m, and whose clients are mostly based overseas. More than 52% of ERAAM's investment over the last 15 years has been with managers with less than one-year track record.

Post-2008, targeting multiple jurisdictions, developing different target customer bases has become a huge challenge for managers today due to the multiplicity of potential vehicles that can "cannibalize each other," he explains.

Managers must also consider the liquidity profile of thei......................

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. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  2. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n