Event: Managed Accounts USA 2007
Feb 19th, 2007 | Filed under: Hedge Fund Industry TrendsDates: March 13-15, 2007
Location: New York
Organized by: Terrapinn
The folks who brought you the “Hedge Funds World” series and various other hedge funds events (including the recent Alternative Beta shindig in London) say their research shows institutions would allocate more to hedge funds if they could open a separately managed account. They say this would solve issues of liquidity, transparency and risk controls.
From the name of this event, it may not be apparent that it is about institutional investments in hedge funds. But it features CAIA Co-founder Tom Schneeweis and representatives from a host of asset management and consulting firms from the pages of AllAboutAlpha. This is a bona fide hedge fund event.
Investing in hedge funds via managed accounts opens up possibilities similar to those touted by the UMA business such as cross-account management and reporting.
Says the organizer:
“The institutionalisation of hedge funds is a trend that has been around for some time now. Pension funds and insurance companies in particular are increasing allocation towards alternatives, but for many there are still huge barriers. Hedge funds are still perceived as being high-risk, and the mainstream media’s love of a blow-out scenario mean that investors are increasingly demanding the ability to fully justify their allocation. If the hedge fund’s lack of transparency was once so bewitching for investors, it is now the stumbling block for growth.
“Research from Edhec, amongst others, has pointed to ‘operational risk’ (that being the risk attached to the individual, rather than the market) as the predominant feature of hedge fund blow outs. But what if there was a way of mitigating that risk? What if an investor could sleep at night, knowing that the hedge fund manager was being monitored by a trusted third party?”
For those unfamiliar with managed accounts, one of the sponsors is pleased to get you up to speed here.
Email This Post
Print This Post
Related Posts
- More from Managed Accounts USA in New York
- Managed Accounts: Not just for breakfast any more
- HF managed accounts may not be no-brainer. May require quarter – maybe half – a brain after all.
- HF Managed Accounts: A tool for change or tilting the playing field?
- Do managed accounts reduce asymmetries or enhance them? It may depend on who you ask.
