Thursday, 27 November 2014
Last updated 1 day ago
Oct 7 2010 | 12:32pm ET
The hedge fund industry hasn’t even regained all of the assets it lost during the financial crisis, but not to worry, one industry player says: In 10 years, that high-water mark will be so far underwater you won’t even be able to see it.
SkyBridge Capital’s Anthony Scaramucci told Bloomberg News that the hedge fund industry would triple in size over the next decade. Investors will be drawn back into the asset class by a weakened appetite for the stock-market roller-coaster.
“They need higher returns than what the fixed-income markets are giving them,” Scaramucci said at the Capital IQ Conference yesterday. “What's really going to move the needle for hedge fund allocations will be pensions.”
SkyBridge recently completed its acquisition of three Citigroup hedge fund units. The firm has some $7.4 billion in assets under management and advisory.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...