Wed, Jan 28, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers April 2012

Servicers Spot
A new series: a service provider's take on the new manager landscape

Omgeo: Hedge funds need to think like traditional asset managers

 

Matt Nelson

Matt Nelson, Executive Director of Strategy at Omgeo LLC, a financial operations expert, warned in an article in March that the global regulations, including Dodd-Frank in the US, and EMIR (European Market Infrastructure Regulation) and the AIFMD in Europe, would have a profound and widereaching impact on hedge funds and the unintended consequences on this industry may be severe.

He cited a sizeable hedge fund firm, which had recently decided to return their investors' money. Among their reasons for doing this were the daily challenges of dealing with global regulations, demanding clients and difficult markets. Nelson expects more firms to exit. He also expects some to move to more lenient countries to avoid the stricter regulatory regimes of the US and the EU.

"There's also the possibility that more hedge funds will look to outsource their operations to specialty fund administrators, custodian banks or prime brokers," he added. "But many firms, particularly those focused on growing and expanding their business, will invest internally in operations and technology and will be looking across the trade lifecycle for opportunities to automate and increase efficiency."

Omgeo provide solutions to investment services firms including hedge funds, traditional long-only managers, brokers and custodians. Those services essentially connect market participants and allow them to automate their post-trade processing - which includes the events that occur between the ex......................

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. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  2. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  3. Top performing private equity firms you should invest in[more]

    Komfie Manalo, Opalesque Asia: Professor Oliver Gottschalg of Paris-based HEC Business School, also known as Ecole des Hautes Etudes Commerciales de Paris has released his annual ranking of the top performing private equity firms. The 2014 HEC-DowJones Private Equity Performance Ranking

  4. Comment - Why invest in hedge funds if they don't outperform the market?[more]

    From Forbes.com: Hedge funds have always been a bit exotic and an enigma to some, but bottom line they are supposed to produce good returns using a range of strategies including global macro, event driven and relative value (arbitrage). And, sophisticated or high-net-worth individuals (HNWIs) could

  5. Owen Li 'truly sorry' for blowing up $100m of hedge fund’s assets[more]

    From CNBC.com: A hedge fund manager told clients he is "truly sorry" for losing virtually all their money. Owen Li, the founder of Canarsie Capital in New York, said Tuesday he had lost all but $200,000 of the firm's capital—down from the roughly $100 million it ran as of late March. "I take r