Tue, Oct 21, 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

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. Opalesque Exclusive: What's next for trend followers?[more]

    Bailey McCann, Opalesque New York: New research out from Ibbotson touches on a key debate happening among investors and fund managers, specifically whether long term trend followers can survive in the new

  2. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  3. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  4. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  5. Sparx optimistic about outlook for Japan[more]

    Benedicte Gravrand, Opalesque Geneva: According to SPARX, there are causes to be optimistic about the outlook for the Japanese market and the country's economy in general. Sparx Asset Management is a Tokyo-based asset manager, part of