Tue, Mar 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Alternative fund managers to invest more in data storage, management, and analysis

Thursday, June 17, 2021

Laxman Pai, Opalesque Asia:

With increasing pressures and demands on returns and reporting, alternative asset managers have work to do to meet the growing needs of institutional investors, said a survey.

According to a State Street Corporation survey, 70 percent of the alternative asset managers interviewed believe they will need to increase the amount they invest in data storage, management, and analysis; and only 24 percent have already done so.

The survey found that just 57 percent of the alternative asset managers said their investment operations are built to scale to deal with increasing volume and complexity.

Despite market instability, shifting business models, and pressure on asset valuations, the vast majority (82 percent) of alternative managers surveyed believe their organization has been effective at responding to increasing investor demand for transparency and additional types of data.

However, when highlighting areas for improvement, 57 percent positively rated their companies' data management, but less than half (48 percent) said they have a good level of efficiency and effectiveness in their business technology systems, which underpins their use and management of data.

When it comes to how alternative fund managers feel current increased uncertainty and risk has impacted confidence in their sector; 44 percent believe it has increased, 27 percent think it has fallen and the remainder (29 percent) feel there has been no change.

......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1