01 Dec 2002
It costs more to start a fund of funds than many people think. The amount of assets needed to break even is higher than for a single-manager hedge fund and cutting corners probably won't pay
01 Dec 2002
A few years ago the industry was small enough to rely on word of mouth to find hedge fund talent. Today that no longer works and investors have to turn to a range of sources to stay ahead
01 Dec 2002
Finding investors is one of the toughest tasks that the start-up will face as there are no clearly defined distribution channels - but there are a few ways of making the job slightly easier
01 Dec 2002
All too often funds of funds stick with very conservative approaches to constructing their portfolios. Some critics are starting to suggest this may be one of the reasons that returns are lacklustre
01 Dec 2002
Philip Craig of Fortis Fund Services explains how the administrator plays a key role in everything from startup advice to the all important NAV calculation
01 Dec 2002
Meeting the tax needs of investors will determine where a fund is located and how it is structured, explain Daniel Shapiro and Christopher Hilditch, partners at Schulte Roth & Zabel International
01 Dec 2002
To avoid making an expensive mistake while setting up the management operation requires a detailed understanding of the regulations, explains Graham Phillips at PricewaterhouseCoopers
01 Dec 2002
Investors can't operate without a decent performance database but there is no cheap or easy solution, explains Meredith Jones, director of market research for Strategic Financial Solutions
01 Dec 2002
Building the best team is no easy task and is getting more expensive as the number of funds of funds balloons, explains Simon Gill, consultant in the asset management practice at Whitehead Mann
01 Dec 2002
Understanding the risks in a portfolio may seem daunting given the difficulties of managing data but Paul Dackombe, director of business development at Reech Capital, says that it can't be shirked