Mon, Aug 15, 2022
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers May 2013

Focus - Barriers to entry are high for emerging hedge fund businesses in Canada

 

North of the main hedge fund country is another one, a bit larger in terms of square miles, and where around $31bn is managed by local hedge funds. This is Canada.

I spoke with some experts on what it is like to set up a hedge fund in Canada: the COO of AIMA Canada, a lawyer and two hedge fund managers who recently set up shop in Canada. All of them presented at a workshop on starting a hedge fund business in Canada earlier this month. What transpired from those conversations is that the barriers to entry are high in Canada in terms of registrations, capital requirements, and capital raising. However, there are good reasons why Canadian hedge funders still do business in Canada: life is good there, and opportunities exist.

Toronto Skyline (Source: www.bestourism.com)

The current landscape for new hedge funds in Canada

James Burron

The Alternative Investment Management Association (AIMA) in Canada conducts a continuous survey of the Canadian hedge fund industry, and according to this survey, there are 135 hedge fund managers in total with C$32bn (US$31.1bn) in AUM. Five or six years ago, the industry's AUM were around C$12 to C$15bn. According to the AIMA Canada Handbook, the bulk of Canadian hedge fund managers is situated in Toronto.

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

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. Opalesque Exclusive: Hong Kong manager expects additional tailwind in Asian markets[more]

    B. G., Opalesque Geneva: The Asia equity markets have not been at their best so far this year, with the MSCI Asia index down almost 13% YTD, but many managers remain buoyant about the region, as in

  2. Opalesque Exclusive: Emerging markets persist despite headwinds[more]

    Bailey McCann, Opalesque New York: Emerging markets have been under significant pressure since the start of the year, but there are some nascent trends that suggest that things could be getting better. Emerging markets firm Gramercy Fund Management recently released its third quarter outlook and

  3. Opalesque Exclusive: Castle Hall's DiligenceExchange free Transparency Reports cover 100 managers with $10tn of assets[more]

    Matthias Knab, Opalesque for New Managers: Managers and investors can get free access to DiligenceExchange here: https://bit.ly/DXCInfo Castle Hall, the Du

  4. Other Voices: ESG exuberance is at all-time highs. But will investors buy?[more]

    As investors increase their focus on mission-based investing, they continue to grapple with ESG and what it means to them. By David Shalom, Director of Capital Introductions at Pershing Innovation. New investment solutions. That's how managers deliver value and attract new inve

  5. Opalesque Exclusive: This European mezzanine debt strategy offers equity-like returns with downside protection[more]

    B. G., Opalesque Geneva for New Managers: Mezzanine financier SIG-i operates in a relatively uncrowded space by proactively manufacturing financing solutions as an alternative to traditional debt and equity instrume