The implications of Basel III on small to mid-sized hedge fund managers must in no way be underestimated. The rules may be directed at bulge bracket banks but the knock-on effects will be reverberating throughout the alternative investment management community. Basel III subjects banks to Liquidity Coverage Ratios (LCR). This obliges banks to hold enough.
A growing number of fund managers are recognising the benefits of outsourcing their trading desks to third party providers as regulatory and operational costs increasingly mount. The cost of running a hedge fund is growing. A survey by Citi found that a typical hedge fund required $310 million in Assets under Management (AuM) to enable.
The challenges facing emerging hedge fund managers are well-documented. The sheer volume of regulation following the financial crisis has had a significant impact on the hedge fund operating model. Rules such as the Alternative Investment Fund Managers Directive (AIFMD), the European Market Infrastructure Regulation (EMIR) and the Markets in Financial Instruments Directive II (MiFID II).
Overview of AIFMD Implementation of the European Union’s (EU) Alternative Investment Fund Managers Directive (AIFMD) is well in train. The Directive imposes a number of requirements on European-based alternative investment fund managers (AIFMs) and AIFMs marketing into EU member states. The scope of the Directive is all encompassing and applies to any fund manager running.
Post-financial crash challenges and opportunities JERRY LEES, EXECUTIVE CHAIRMAN, LINEAR INVESTMENTS First published 07 Jul 2015 The challenges facing emerging hedge fund managers are well-documented. The sheer volume of regulation following the financial crisis has had a significant impact on the hedge fund operating model. Rules such as the Alternative Investment Fund Managers Directive (AIFMD),.
With risk-averse banks unwilling to support anyone but the larger funds, Linear Investments has become a lifeline for smaller, start-up clients. SAFI THIND meets the men who help the ‘little guy’ HEDGE Article August 2015 By Safi Thind – Published in HEDGE Magazine – August 2015 EVEN NAVINDER SARAO, the so-called Hound of Hounslow, needed.
By Jerry Lees – Published in HFM Weekly, December 2014 Executive chairman of Linear Investments, Jerry Lees, explains to HFMWeek the impact of Basle III and AIFMD on emerging funds The banking crisis combined with the resulting longer-term structural changes has put increasing pressure on banks to strengthen their balance sheets and reduce risk exposure..
Jerry Lees – Published in FHM June 2014 Linear brings together the skills and expertise that hedge funds need, within an integrated platform solution. This approach will significantly reduce your operational costs and bring you to market faster and more efficiently. Linear achieves this by integrating; Capital Introduction, Prime Brokerage and custody Services, Execution, DMA.
Jerry Lees – Published in Financial Technology External financing for startups usually comes from friends and family, individual (non-institutional) angel investors, early-stage funds or some combination of these sources. Raising capital generally takes longer than most new entrepreneurs expect. Getting in front of investors is a lengthy process, and investors will often take a long.
Liquidity, Capital and Investment are squeezed whilst costs and procedures expand exponentially. Jerry Lees – Hedge Forum Is there a way around the dilemma faced by all Hedge funds; rising costs, a tough environment in which to raise funds and the disinterest of most Global Prime Brokers in start-ups? How can you build a track.