Saturday, 30 August 2014
Last updated 16 hours ago
Nov 13 2008 | 12:24pm ET
Hedge fund managers are bracing for increase regulation, and their associated costs, under the incoming administration of President-elect Barack Obama.
A new report by Rothstein Kass says that while managers agree that associated compliance costs will make hedge funds more costly to operate, they also say it will not lead to more fund closures or fewer start-ups.
“Though hedge fund managers readily acknowledge that a more restrictive regulatory environment looms, the industry seems well-positioned to meet the demands of increased compliance,” said Howard Altman, co-managing principal of Rothstein Kass. “Despite the fact that nearly 84% of participants believe that compliance costs will make funds more costly to operate, fewer than seven percent expect that this will lead to increased costs to investors.”
“Moreover, based on the research, it does not appear that the impact of increased regulation will impede fund launches or accelerate closures,” Altman added. “Fewer than 6% of participants agreed that compliance costs will lead to more closures, with a similar percentage reporting that there will be fewer start-ups due to increased regulation.”
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...