Panel session: Survival of the biggest: The way of M&A?

Mon Nov 5, 2012


Is M&A the inevitable key to the success of hedge fund/FoHF businesses?


Back to InvestHedge Forum 2012 home page

Jon Little
  
Knut Dahl
  
Ian Morley
  
Stavros Siokos
    
In the latest InvestHedge Billion Dollar FoHF Club Survey, when asked what would govern the industry in the next five years, 61% of funds of funds said they believed consolidation would be the driver; yet when asked individually as a firm how their firms were going to grow, 76% said they would grow organically. There is clearly a disconnect between perception and reality.

That said, M&A is gathering pace; in the past 18 months, more than 20 FoHF deals have been announced – with at least seven in 2012, including Franklin Templeton’s recent acquisition of K2 Advisors.

As the largest FoHFs are gathering assets at a faster pace – unsurprising when large investors need to put large sums to work – does this environment leave...

ISSN: 2151-1845 / CDC10004H

Register

By registering you will receive

  • A monthly newsletter on your specified areas of interest
  • A fortnightly update on the sector

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