By James Williams – Greater sophistication among hedge fund managed account investors is changing the way managed account platforms (MAPs) operate. Flexibility and customisation are at the forefront of the offering among independent platforms, free of the regulatory manacles being
Interview with Stephen McGoohan (pictured), Man Group – Lack of portfolio transparency continues to be a major worry for investors. And whilst managed accounts provide many with the control and transparency they need when investing in hedge funds, continued market
Probably the most impressive development in the investment universe in the last couple of years has been the dramatic growth in US corporate profits. The question is whether these record profits are sustainable because of the continuing crisis in the
Interview with Nathanael Benzaken – Lyxor’s Managed Account Platform, with over 100 funds and approximately USD11billion in AUM, has long been a leading light for investors wanting to allocate into commingled managed accounts. And whilst this remains the easiest “gateway”
Interview with Effie Datson – For CTA managers on Deutsche Bank’s dbSelect platform, 2012 has very much been a year of contrasting fortunes. According to Effie Datson, director, product head for dbSelect, 1H12 was a challenge for these trading strategies,
By James Williams – Despite the operational challenges that face managers who decide to take on managed accounts, it seems almost inevitable that as more institutional money comes into the alternatives space, managed account AUM will continue to climb. This
With over 3,000 listed funds, the Irish Stock Exchange (ISE) is one of the leading stock exchanges worldwide for the listing of investment funds, particularly alternative investment funds including offshore funds and Irish regulated products or QIFs. Managers are listing
By Eric Bissonnier & Francesco Samson – Robust independence Institutional investors remain, to some degree, nervous allocating to bank-owned MAPs because of counterparty risk concerns. Admittedly, some are now using independent administrators, but LumX uses a completely open architecture. Explains
Interview with Ed Gouldstone (pictured), Linedata – Whilst managers might welcome investor requests for managed account mandates given today’s tough capital raising environment, the reality is that, operationally, they still present certain challenges. Ten years ago, most managers would have
There are now 713 global institutional investors with an active CTA portfolio, a significant increase on 2011 when the number stood at 504, and 2008 when just 331 had CTA funds in their holdings. Preqin has conducted analysis of the
