New Hedge Fund Firms Still Abound In U.K.

Feb 3 2010 | 8:35pm ET

Despite fundraising difficulties and an uncertain regulatory environment, there’s no shortage of new hedge funds looking to come on line in London.

The British Financial Services Authority gave the green light to more new hedge fund firms than almost any other type of financial advisory or trading firm in the fourth quarter, according to consultancy IMAS. The FSA authorized 60 hedge fund managers during the last three months of the year; only general fund management companies won more approvals, with 72.

All told, the FSA authorized less than 200 companies in the fourth quarter of last year. In particular, shyness struck those mulling new private equity firms, with the number of applications from the sector falling tremendously during the second half.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of