Incisive Views from Professionals
Seward & Kissel LLP’s Seed Transactions Deal Points Study draws from over 150 data points amassed over a five-year observation period. The Study identifies market trends and provides both quantitative data and qualitative explanations of the state of the seeding industry. The data illustrates the rise of seed deals year over year, with institutional seeders […] Read more »
From Seward & Kissel Driven by our ongoing commitment to understanding the dynamics of the hedge fund marketplace and bringing the latest industry color to our clients and friends, each year Seward & Kissel conducts various studies of the most important trends we are seeing that are impacting the hedge fund community. This year, for […] Read more »
By Nathalie Neumayer and Paul Carrigg of KB Associates Introduction In November 2015, the Financial Conduct Authority (“FCA”) launched its asset management market study. In November 2016, the FCA published an interim report which provided industry participants with an opportunity to comment on proposals which it made. On 28 June 2017, the FCA published […] Read more »
From Seward & Kissel Driven by our ongoing commitment to understanding the dynamics of the hedge fund marketplace and bringing the latest industry color to our clients and friends, each year Seward & Kissel conducts various studies of the most important trends we are seeing that are impacting the hedge fund community. This year, for the second year in a […] Read more »
From CFA Montreal Association A Q&A on hedge funds in Canada with: Marc Amirault, MBA, President and CEO, Director of Investments, Crystalline Management (single manager hedge fund business) Jean-François Papillon, MBA, CFA, Portfolio Manager and Wealth Advisor, BMO Nesbitt Burns Yves Caron, MBA, CFA, Vice-President, Research, iNFiNi-t Wealth Management Advisers Inc. To begin, perhaps each […] Read more »
From the Alternative Investment Management Association (AIMA)* Among the findings in AIMA’s paper “In Concert – exploring the alignment of interests between hedge fund managers and investors” : One-in-three managers now charge performance fees above a hurdle rate, such as a fixed percentage or an index-based benchmark Three-quarters (77%) of managers offer or are […] Read more »
By Simon Kerr, Publisher of Hedge Fund Insight Fee pressures are ubiquitous in the hedge fund industry. Pre-Credit Crisis there were fee pressures, but some large and very large managers with capacity-constrained funds and closed to all new capital could not be bullied or argued into fee concessions. In the aftermath of the Credit […] Read more »
From Eurekahedge/Hedge Fund Insight staff Table 1 details the average performance and management fees charged by North American hedge funds based on their year of inception and serves to give an idea of how the fee structure for hedge funds has evolved over the last 10 years. Historically hedge fund performance fees have remained […] Read more »
By Steve Nadel (lead author), Partner Seward & Kissel Investment Management Group Introduction & Key Findings Driven by our ongoing commitment to understanding the dynamics of the hedge fund marketplace, each year Seward & Kissel conducts The Seward & Kissel New Hedge Fund Study of newly-formed hedge funds sponsored by new U.S.-based managers entering […] Read more »
From Fitch Ratings Man Group plc’s (Man) solid performance in 2014 shows that recent acquisitions have increased the diversification of Man’s earnings and distribution base in a still challenging environment for alternative investment fund management, Last week’s announcement of the planned acquisition of NewSmith LLP, a small London-based equity investment manager, is likely to reinforce […] Read more »