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London Still Europe's Dominant Hedge Fund Center With Highest Concentration Of Talent, Assets, Risk Taking, Service Providers And New Launches

Date 01/08/2011

A Roundtable of U.K. based hedge fund experts found that London is still the dominant location for hedge funds in Europe, with the highest concentration of Europe's talent, assets, risk taking, service providers and new launches. As an industry, hedge funds continue to play an increasingly important role for institutions, and via UCITS also for retail investors.

However recently, there has seen some disquiet about the hedge fund industry in the U.K.: the tax regime is regarded as unhelpful or even a threat, and while some fund managers “voted with their feet”, others not willing to move physically have set up an asset management business in Malta and continue to just provide research from the U.K.

The Opalesque 2011 U.K. Roundtable took place July 5th in London and resulted in a 34 page of in-depth intelligence on the state of the hedge fund industry in the U.K. The following experts participated at the Roundtable:

  • Melissa Hill, Managing Principal, Sabre Fund
  • Mark Leader, Director of Marketing, Sloane Robinson
  • Charles Tritton, De Putron Fund Management
  • Julian Treger, Co-Founder, Audley Capital Advisors
  • Loic Fery, CEO and Founder, Chenavari Investment Managers
  • Morten Spenner, CEO, International Asset Management Ltd.
  • Eoin Murray, CEO, Callanish Partners
  • and sponsors Dermot Butler, Custom House Group and Joe Taussig, Taussig Capital.

The Roundtable PDF can be downloaded here for free: www.opalesque.com/RT/RoundtableUK2011.html

The average investor has really not seen real growth in the Western markets over the last ten years. Therefore, read about which strategies and innovative investments these hedge fund veterans recommend at the moment. The current and future volatility is considered to offer attractive risk-on trades - provided they are not just bluntly long - in the following areas:

  • Three investment opportunities in European Credit
  • High conviction opportunities and catalyst trades
  • Event/stressed situations – how hedge funds started to “create” their own events
  • Equities, particularly Asian / emerging market equity and commodities

In addition, read...

  • How emerging managers can launch with $35 and grow to $2bn in four years
  • How start up hedge funds can get fund administration for only 8,000 Euros
  • How FATCA and new FBAR Regulations will burden the industry and pile up costs
  • What the Hedge Fund Standards Board found about actual hedge fund governance
  • Risks and Benefits of UCITS funds: How the first publishing of the Draft AIFM Directive led to a flood of UCITS launches, and why investors should know the differences between pure UCITS funds and synthetic UCITS strategies