Posts Tagged ‘Kirsten Bischoff’
Opalesque Exclusive: Multi-prime service platforms (prime broker/administrator hybrids) finding niche servicing small funds
The first quarter of 2009 saw the launch of 109 new hedge funds, according to research by HFR. With liquidity constraints and feelings of trepidation about re-entering the space still plaguing most hedge fund investors many of these launches were of small funds. In fact, less than a handful of the hedge fund launches listed on industry databases were targeted to open with over $100m in assets under management.
For Full Story: http://www.opalesque.com/52944/service_platforms_brokeradministrator944.html
Financial market turmoil sees activist investors holding positions longer, as proxy regulations change in their favor will investors have the required stamina?
From Kirsten Bischoff, Opalesque New York:
It seems the point has been reached when the feeling of helplessness against market forces has shifted to a feeling of anger, sparking a new wave of investor activism. However, this trend (seen this past weekend with CalPERS/Bank of America, US Government/Auto Industry) does not indicate investors are specifically looking for opportunities in which to invest as activists, but reacting to the poor performance of companies they have already invested in.
The question then for activist hedge funds is, do investors have the interest, the patience and the stamina required to allocate to a strategy with a much longer view than has been required before?
The strategy overall has not fared as well as others during this crisis, and fell more than 30% in 2008 (according to Hedge Fund Research).
» Full Story: http://www.opalesque.com/51897/Financial_market_turmoil_sees_activist_investors854.html
