How To Run Your Hedge Fund Business Amidst Market Turbulence.
Hedge funds have become mainstay asset managers and with current market turbulence, many are experiencing pressures around the following key themes:
Returns have not been satisfactory and this has disappointed investors and employees.
Management fees are adequate to cover operating costs only for the largest asset managers.
Past decisions on people and technology – viewed with fresh lenses – no longer make business sense.
In this environment of reduced resources, what can the COO of a hedge fund do? Many firms start at a certain size (say $200 – 500 million in AUM) and grow to become multibillion dollar firms With increasing profits coming from both management company fees and performance fees, these growing firms spend significant amounts of cash to achieve robust business operations that are acceptable to institutional quality investors.
The problem?
