Funds
Standardisation of data platforms around a core set of technology is critical for emerging managers, as it helps ensure business and technology alignment, increased efficiency, and improved security.
“It’s always important to make thoughtful, strategic decisions, but for emerging managers it’s even more salient. They have less financial room to make mistakes and less time to recover,” highlights Rich Itri, Senior Vice President of Professional Services, Eze Castle Integration.
He recommends startup and emerging managers recruit strong people early on, adding how the remote environment and distributed workforce has caused a shift in onboarding. However, in Itri’s view, technology is
2020 was a good year for most fund managers, as the market volatility provided them the opportunity to perform. Now, as investors become more comfortable with remote manager selection, can these emerging managers continue to stand out from the crowd and maintain their strong returns in 2021 while also tapping their industry contacts to make sure they get enough face time with potential investors?
Jeffrey Rosenthal, Partner and Leader of Anchin’s Financial Services Practice, observes: “Getting in front of investors has been more difficult this year, especially for startup managers. However, although initially investors were hesitant to jump into the
By Philip Graham, Partner, Harneys – One of the most common scenarios we encounter is a US-based manager who initially establishes a domestic fund to attract US taxable investors. With the performance going in the right direction, the manager begins to think about US tax-exempt investors, such as charities, pension funds and university endowments, as well as investors based outside of the US, who like the track record and want to invest.
By A Paris – The shift to a virtual world means the sales cycle for emerging managers is being elongated as investors go through a deeper due diligence exercise, in lieu of face to face meetings. In this tough environment, niche players are more likely to triumph.
For new and emerging managers, capital raising is always going to be the first and arguably the most important hurdle they have to overcome. No matter how avant-garde their investment strategy is, they need money to implement it so getting access to those funds is the key to getting started.
Although organisations were quick to
Seizing on the assortment of opportunities arising from the ongoing coronavirus crisis, Union Bancaire Privée (UBP) has unveiled a new credit-focused strategy which taps into stressed and distressed situations within mid-market US and European corporate credit, collateralised loan obligations and segments of the European commercial real estate sector.
The fund, named UBP Distressed Opportunity, is led by Kier Boley (pictured), CIO and co-head of UBP’s Alternative Investment Solutions group based in London and Geneva, which constructs portfolios and investment vehicles in hedge fund strategies and alternative assets for a range of institutional and private investors.
The new strategy, which had
Vaccine optimism and hopes of an end to coronavirus quarantines and lockdowns are spurring growth among emerging markets-focused hedge fund managers, new industry analysis shows.
Hedge Fund Research said on Friday that an upsurge in both performance and capital over the past year have positioned emerging markets managers – and, in particular, those focused on China – for a “strong continuation” of gains in 2021.
EM hedge funds – as measured by HFR’s Emerging Markets (Total) Index – gained 12.7 per cent in 2020. China-focused strategies powered the advance, with the Emerging Markets China Index soaring more than 26.3 percent
Peregrine Capital (Pty) Ltd (Peregrine Capital) is to start marketing its Peregrine Capital Global Equity Fund, which launched on 18 November 2020.
The fund, which sits on the Prescient Global Funds ICAV platform and is authorised by the Central Bank of Ireland, will initially be distributed to investors in South Africa, and subsequently to investors in other key European markets.
Peregrine Capital was founded in 1998 and is the longest running hedge fund manager in South Africa. Since inception, Peregrine Capital’s mission has been to create wealth for its clients by delivering superior risk-adjusted long-term returns through the rigorous
Hedge funds attracted USD6.39 billion of new capital last month as investors piled into a wide variety of strategy types, particularly macro and managed futures, according to new industry data from eVestment.
Managers running macro and managed futures strategies were the big winners in terms of allocator appetite in January, eVestment said on Thursday, as long/short equity funds lost money – a shift which could hint at potential investor concerns over the state of equity and credit markets in early 2021.
January’s positive inflows to the industry follows three consecutive years of annual outflows, during which time around USD200 billion exited
Alameda Research is leading a USD40 million investment round in Oxygen, a decentralised prime brokerage protocol that will offer prime brokerage services that have traditionally been limited to investment banks and hedge funds to everyone, free of centralised control.
The investment round will be joined by MultiCoin, Genesis Capital and CMS.
The Oxygen protocol will integrate into MAPS.ME bringing a potential user base of more than 100 million into the liquid DeFi Serum ecosystem.
“Oxygen will be the most sophisticated and elegant risk management tool in DeFi – with a strong team, growing ecosystem and large potential user
KB Associates (KBA), a professional services firm advising investment funds and asset managers, is to acquire EFG Fund Management SA, a Luxembourg-based management company and subsidiary of EFG International AG, the Swiss Private Banking Group.
