Thu, Apr 26, 2018
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 - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its