Saturday, 27 December 2014
Last updated 3 days 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.