Thu, Jun 22, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers March 2012

Perspectives
Opinions on emerging managers voiced in the last 30 days

Commentators this month noted on the plight of the Asia-focused emerging managers who cannot raise capital, on the new burdensome technological requirements that new hedge funds have to face, and on the benefits of being small and nimble.

Asia hedge funds shutting down

Asia-focused hedge funds that launched after the 2008 credit crisis are shutting down as a shrinking pool of key investors makes it harder for them to raise capital, said Bloomberg in early March, citing Isometric Investment Advisors and Black's Link Capital which decided to close shop after heavy investor withdrawals.

"All the smaller funds of funds who used to help and family wealth who used to help early managers grow are just not there," said Richard Johnston, Hong Kong-based Asia head of Albourne Partners Ltd., a consulting firm, told Bloomberg. "The gap between seed capital and getting to a good meaningful sustainable size of $500 million plus is a hard gap to plug."

Sadly, Hong Kong-based Triple A recently decided to discontinue its seeding activity due to a lack of investor appetite.

Learn more about Asian start-ups from our last issue of New Managers here: Source.

New technological requirements

New hedge funds, whether or not they manage to get seeding capital from the investment banks which are now venturing into this area, beware; new technological requirements and the post-2008 investment landscape mean the barriers to success are higher than ever, warned ......................

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. Assets - Managed futures setting stage for dramatic growth, CTA Devet Capital reaches $100 million[more]

    Managed futures setting stage for dramatic growth From PIOnline.com: Investment in managed futures strategies is on the rise as asset owners tap into the equity risk reduction and downside protection inherent in systematic trend-following approaches. Institutional investors have been pum

  2. Comment: For emerging market debt, a sustainable recovery[more]

    Matthias Knab, Opalesque: Standish Mellon Asset Management Company writes on Harvest Exchange: After several difficult years, the outlook for emerging market debt (EMD) denomin

  3. J.P. Morgan Global Alternatives raises distressed shipping fund[more]

    From Institutionalinvestor.com: J.P. Morgan Global Alternatives has closed a $480 million fund to invest in distressed shipping assets, attracting capital from pensions, endowments and insurance companies. The firm, which has been investing in maritime for more than a decade, initially targeted $400

  4. FinTech - Rise of robots: Inside the world's fastest growing hedge funds[more]

    From Bloomberg.com: Believe the hype. Quants have never been more popular. After doubling over the past decade, assets run by so-called systematic funds have hit a record $500 billion this year, according to estimates from Barclays Plc. In some ways, their meteoric rise is due to the same technolog

  5. Real estate fundraising currently challenging for emerging managers[more]

    Benedicte Gravrand, Opalesque Geneva: According to research house Preqin, emerging managers of private real estate funds have found the fundraising environment to be increasingly challenging in recent years. This is mainly because investors are de