Wed, May 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers July 2014

PERSPECTIVES: Views and findings relevant to emerging fund managers

Freeman & Co reports mixed year so far for financial services M&A activity

In the first half of 2014, M&A activity was mixed across financial services sectors. Acquisitions of Broker-Dealers increased 25% compared to 1H 2013, while acquisitions of Financial Technology firms increased 45%. Acquisitions in Asset Management declined 36% in 1H 2014 compared to a very strong 1H 2013 for deal activity...

Looking ahead to 2H 2014 and beyond, Freeman & Co. projects the following M&A drivers:

With only 48 asset management transactions announced year to date, we expect transaction activity to remain flat during the remainder of 2014 due to the high volume of deal activity during 1H 2013.

Fee pressures continued to drive M&A activity in 2014 as smaller firms seek to remain competitive and large asset managers continue building upon their scale advantages through buy-side searches for targeted product gaps.

Shifting investor preferences have created a market opportunity for investment solutions, which address needs for diversification, asset allocation, and downside protection which will drive demand for firms providing liquid alternatives, smart beta and niche ETPs...

You can read the full press release here.

Comment: What's a hedge fund manager to do?

I know a small startup hedge fund that was flat last year versus the S&P 500's 32% total return. He's out of business, pack up the truck. Nothing he can explain or illustrate means anything to the handful of seeders who let him hold onto some money for a year.

Hedge funds have faced quite a conundrum recently. On the one hand, they're expected to be "non-correlated" to the risk and returns of the broader market. It's kind of the point of the whole thing, after all. Anyone can simply own the market. But the trouble is, the cumulative annualized growth rate for ......................

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. News Briefs - Ergen says LightSquared plan unfairly favors hedge funds, Why hedge fund managers make good advisory clients, I learned a lot about dad-bros after spending 4 days in Vegas with 2,000 hedge funders[more]

    Ergen says LightSquared plan unfairly favors hedge funds LightSquared Inc.’s bankruptcy plan gives hedge funds that invested in the broadband company a leg up while blocking telecommunications firms from competing with it, a fund owned by Dish Network Corp. Chairman Charles Ergen said in

  2. Opalesque Exclusive: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  3. Investing - Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds, Hedge funds buy Actavis, Valeant. ETFs join the party, The most loved biotechs of big hedge funds, Stocks to buy ... according to hedge funds, Atlantic City bond offering attracts hedge funds as buyers, Okumus Fund Management discloses huge new Ascent Capital Group stake[more]

    Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds From Boingboing.com: When a giant hedge fund is bidding on all the foreclosed houses in a poor neighborhood, living humans don't stand a chance -- but that's OK, because rapacious investors make great landl

  4. Institutions - Institutional investors turn to real estate, planes, Assets at Boston’s five biggest family nonprofits rise to $3.5bn[more]

    Institutional investors turn to real estate, planes From Joins.com: The National Pension Service and domestic emerging market specialists who did not know where to invest in a low interest rate environment are turning to other investments like the blue-chip real estate market abroad.

  5. Opalesque Exclusive: A lot of hedge fund investors are beginning to recognise the need for ongoing cyber threats monitoring[more]

    Benedicte Gravrand, Opalesque Geneva: Corporate Resolutions Inc. recently formed a strategic partnership with iThreat Cyber Group. The two companies have worked together for years, assisting clients when challenging

 

banner