Thu, Nov 27, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers March 2012

Q&A
A researcher's view on what investors want from emerging managers

People always want to know about emerging managers

Katherine Hill

Katherine Hill, managing director at Geneva-based Palladio Alternative Research, conducts in-depth research for investors of all types. She finds that if the investor already has a deep understanding of the strategy of the new fund, the fund manager doesn't have to start from the beginning. Also, the timing of the track record is important. The most important things to assess in a new manager, according to her, are core competence and operational set-up - not necessarily performance. Furthermore, for investors, choosing the right individual is more important than the strategy of the fund.

Also, investors also love the idea of discovering new talent or getting in early. Discoveries such that of ThirdPoint, which grew from $20m in 1996 to $1.9bn and has annualized 16%, or Lansdowne UK, which grew from $890m in 2001 to $9.5bn and which has annualized 11%, or still, Brevan Howard, which grew from $1bn in 2003 to $25bn, and with annualized returns of 13% (figures from HSBC ), serve as great past examples.

Opalesque asked Katherine Hill to talk about her research procedures and the trends she has been observing of late.

Opalesque: Do you research emerging hedge fund managers for institutional clients or other clients?

Katherine Hill: The hedge fund research that I conduct can be applied to all investor types, institutional clients but also high net worth individuals and family offices. I found all investors are interested in emerging hedge fund managers; they are not always ready to allocate to them but they definitely want research on them.

The research that ......................

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. Unlucky Paulson & Co. rebrands $1.6bn Recovery Fund after 13% drop[more]

    From Businessweek.com: A maturing U.S. economic recovery is prompting Paulson & Co. to change course. The $19 billion hedge fund firm, led by billionaire John Paulson, told investors on a conference call this month that the Paulson Recovery Fund will be renamed Paulson Special Situations Fund on Jan

  2. Opalesque Roundtable: Islamic Finance races ahead with Sukuk, the first managed account platform, and foreign demand[more]

    Komfie Manalo, Opalesque Asia: A number of developments took place within Islamic finance in the past years, including the launch of a Islamic managed account platform and the further growth of the sukuk space that saw this instrument evolve from being a type of an ABS security that was rarely

  3. CTAs , event-driven strategies lead hedge funds recovery in mid-November[more]

    Komfie Manalo, Opalesque Asia: November’s performance proves to be in sharp contrast to the previous month, with equities further consolidating their upswing last week, according to the latest Lyxor Asset Management’s Weekly Brief. CTA funds als

  4. Fund Profile - A complex hedge fund strategy works for United Technologies[more]

    From Institutionalinvestor.com: Reports that portable alpha is dead have been greatly exaggerated, as Mark Twain might have phrased it. Another Connecticut Yankee, giant United Technologies Corp., is gearing up to grow its successful, nearly decade-long portable-alpha program. The UTC strategy took

  5. Opalesque Exclusive: The unintended consequences of Basel III[more]

    Benedicte Gravrand, Opalesque Geneva: Bijesh Amin, co-founder and managing director of Indus Valley Partners (IVP), a technology solutions and services firm focused on the alternative asset management industry, has recently observed