Tuesday, 30 September 2014
Last updated 7 sec ago
Feb 14 2011 | 8:53am ET
Patric de Gentile-Williams of FRM Capital Advisors, a leading hedge fund seed investor, says the industry seeding environment will continue to improve in 2011.
The higher cost of launching hedge funds will increase the importance of strategic investors, says Gentile-Williams. Meanwhile, the quality of hedge fund manager seeking capital will also improve:
“The wave of proprietary traders spinning out on their own as a result of regulatory changes will increase the talent pool at the top end of the quality spectrum. With markets stabilizing, we also believe that more people already in the hedge fund industry will have the confidence to launch their own funds.”
Gentile-Williams says many 'new’ hedge funds are actually teams that have worked together for years and “have proven success in running money and controlling risk." Such teams, he says, are attractive to seeders.
“If the hedge fund industry continues to produce similar returns to recent years and the appetite for hedge funds continues,” says Gentile-Williams, “the prospects for seeding are excellent. Well-structured, smaller funds run by established teams are set to benefit. There are signs that investors are increasing allocations to hedge funds and diversifying away from the mega-size multi-strategy funds.”
FCA, part of London-based alternatives manager FRM Capital, had $290 million in assets under management as of October 2010.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...