By Hedge Fund Insight staff The trend for increasing concentration in the administration of funds has been going on nearly as long as the trend for concentration in the management of hedge fund assets. The latest example is given in this press release: UBS Group AG and Northern Trust Corporation announce that UBS […] Read more »
Pressures to Adapt in Ernst & Young Hedge Fund Survey
From Ernst & Young This is the Executive Summary of the 2016 Global Hedge Fund and Investor Survey Shrinking returns and escalating investor demands. Downward pressure on fees and unrelenting requirements to have robust operating models. This year, competing forces came together to culminate in the perfect storm. In a year marked by lackluster performance and rising investor expectations, one inevitably […] Read more »
Talent, PB Fees, and Middle Office Outsourcing Highlighted in E&Y HF Survey
By Hedge Fund Insight staff One of the public services Hedge Fund Insight provides is mastication: HFI will chew over a major piece of work to give you the highlights. Each year Ernst & Young publish a Global Hedge Fund & Investor Survey*. As usual there were some interesting and surprising results in the […] Read more »
Market Shares in Prime Brokerage and Fund Administration of Asian Hedge Funds
By Hedge Fund Insight staff Hedge funds investing in Asia are on a growth trajectory again. The growth of the last few years are an echo of the growth seen pre-Credit Crunch. Of course, as a more mature industry now the rate of growth is lower. There was an explosive growth in the number […] Read more »
Citi Says It Will Use Balance Sheet to Grow Prime Finance
By Simon Kerr, Publisher of Hedge Fund Insight Changes to capital requirements imposed on banks by regulators are expected to have a significant impact on hedge fund-related activity. Indeed in only the last week or so two industry insiders told Hedge Fund Insight independently that it was THE biggest factor driving change in the […] Read more »
Rising Costs of Prime Brokers Will Affect Hedge Fund Financing
By Radi Khasawneh of TABB Group Prime brokerage, the last bastion of resistance to wholesale transparency and efficiency in the equity markets, is being dragged into the light. New capital and leverage ratios to be introduced by the Basel Committee for Banking Standards will penalize prime brokers whose securities financing operations will now be […] Read more »
Big Changes For Hedge Funds In Management Of Counterparties & Collateral Seen By Citi
By Citi Investor Services This article gives the key findings from Part 2 of “The 2014 Citi Investor Services 5th Annual Industry Evolution Report”. The factors driving change in the hedge fund industry are shifting. For the five years since the Global Financial Crisis, major industry evolution occurred primarily in response to a […] Read more »
Review of Hedge Funds in 2012
By Charles Gubert, Editor of COOConnect Here is our take on what happened in 2012, and the clues we picked up as to what hedge fund COOs can look forward to over the next 12 months. In the spirit of the season, and to make it a bit harder for ourselves, we decided to restrict […] Read more »
Hedge Fund Credit & Risk
By Simon Kerr A couple of weeks back I joined in a presentation put on by PRMIA (The Professional Risk Managers International Association) at Imperial College, London. The sessions were on hedge funds and credit risk, and so I tapped into my experience as a risk manager in a single manager hedge fund and what […] Read more »