Fri, Nov 6, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

2007 global financial crisis and Madoff controversy spiked interest in managed accounts space - Opalesque Connecticut Roundtable

Tuesday, December 07, 2010

From Precy Dumlao, Opalesque Asia:

The global financial crisis in 2007 and the multi-billion-dollar Ponzi scheme by convicted criminal Bernard Madoff helped spike interest in the managed account space in the last couple of years. In fact, Walter Raquet, Chairman of the Stamford, Connecticut-based WR Managed Account Services revealed that his firm is currently in discussions with about 15 institutions with assets ranging anywhere from an estimated $3bn-$25bn. "They all have an incredibly keen interest in receiving daily risk reports, daily trading guidelines, and all of the other information that we can provide," Raquet said.

Indeed, participants in the latest Opalesque Connecticut Roundtable were in unison that managed accounts is an area that strong potentials moving forward. Theresa Patti from QFS Asset Management, a Greenwich, Connecticut-based quantitative global macro investment firm with $1.5bn in AuM admitted that her firm is seeing an increased demand for managed accounts from clients over the last couple of years, following the financial crisis and the Madoff controversy.

"The clients want increased liquidity and transparency into the holdings of the portfolio, and to know that the assets are safe. We have accommodated those requests where the acc......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: DACH institutions push alternatives to 32.3% of portfolios as hedge funds make a comeback[more]

    Matthias Knab, Opalesque for New Managers: Institutional investors in Germany, Austria and Switzerland now hold almost a third of their portfolios in alternative investments, and they are more confident than ever in

  2. KRX chief courts CalPERS for bigger bet on Korea[more]

    Korea Exchange Chairman and CEO Jeong Eun-bo held talks with California Public Employees' Retirement System, or CalPERS, to promote greater investment in South Korea's capital markets, the bourse operator announced Wednesday. Jeong met with CalPERS Chief Investment Officer Stephen Gilmore.

  3. 755 Unicorns, $8 Trillion: Fifth Era maps the autonomous digital economy[more]

    Matthias Knab, Opalesque for New Managers: Fifth Era Partners, a specialized asset manager focused on the convergence of Internet, AI/Agentic and Blockchain technologies, has released the findings of its 13th Bia

  4. Opalesque Exclusive: "Enough beta plays" - how Fasanara builds an alpha-only multi-strategy platform[more]

    Matthias Knab, Opalesque for New Managers: Most multi-strategy funds promise diversification. Fewer can explain why their return streams should stay independent when markets turn. In an Opalesque SkillsLab investor

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m