HOT OFF THE PRESS

Key considerations for hedge fund succession planning – Part II: Leadership transition involves a maze of complexity

Key considerations for hedge fund succession planning – Part II: Leadership transition involves a maze of complexity

The transition of leadership in the private world of hedge funds is incomparable to corporate America, requiring both a deft touch and significant forward planning. The founders of successful hedge funds will have invested years, often decades, building the business in their image. When it comes time to handing over the keys to someone else, it can be a hugely emotional affair so picking the right leadership has to be approached very carefully.

INNOVATION

‘Twitterisation’: How social media is reshaping asset management firms' business models

‘Twitterisation’: How social media is reshaping asset management firms' business models

Social media networks are now “critical communications channels and sources of real-time data” for investment managers, presenting myriad opportunities – and potentially huge risks – to firms, and dramatically reshaping the way they trade portfolios, build investment ideas and communicate with clients, according to a major new study by SEI.

Special Report

Digital Assets in Focus 2021

This report reveals the drivers behind the increasing acceptance by institutional investors of digital assets as a 'real' asset class and what players in the industry are doing to support investor appetite and grow the market sustainably.
GUEST ARTICLE

Is the convergence of liquid and illiquid alternatives really in the best interests of investors?

Is the convergence of liquid and illiquid alternatives really in the best interests of investors?

By Stephen Oxley (pictured), managing director, Institutional Relationship Group, PGIM – I read a prediction in one of those crystal-ball gazing missives that financial firms like to put out at the start of every year. It forecast that there will be continued blurring between hedge funds and private equity. I must admit I baulk at such an idea and find myself asking whether the convergence of liquid and illiquid alternatives is a desirable end and, if so, whose interests might best be served by an erosion of the distinction.