The evolving role of the chief operating officer

Wed Feb 23, 2011

What qualities do you need to succeed?

Aradhna Dayal: Let’s talk about the role of the new-age COO and how that has changed post-Madoff. What are the qualities of a successful COO today?

Jeff Levy
Colin Lunn: Five years ago, this was pretty much a non-existent role in Asia. A positive development since then has been an increasing number of professional and qualified COOs. Managers are realising that you can’t just sit there with one man and a dog and your kitchen sink to run a fund – they now have to build out the people and infrastructure.

When the hedge fund boom started, every single start-up would have one, maybe two, people. Now you go in and see at least 10 people at the start-up stage; and very quickly it’s up to 15 or more. This will probably continue to evolve.

François Hora: The experience level of a COO is very important. Having run a...

ISSN: 2151-1845 / CDC10004H

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates

Popular Searches on HFI