Matthew Feargrieve considers the opportunities and challenges that the virus presents for alternative asset managers in Switzerland With the COVID-19 pandemic representing a Black Swan event for fund managers worldwide, the onslaught of the virus will be a test of the hedge fund industry’s ability to deliver returns that are uncorrelated to the markets. In …
Continue reading “Coronavirus: How will Hedge Fund Managers in Switzerland respond?”
In this, the first of two articles, MATTHEW FEARGRIEVE takes a look at Switzerland in 2020 as a centre of alternative asset management for single managers and managers of funds of hedge funds (FoHFs). Switzerland is the fifth largest global centre of alternative assets under management (AUM), after North America, the United Kingdom, Sweden and …
Continue reading “Switzerland’s Hedge Fund Industry in 2020”
Matthew Feargrieve discusses the US mutual fund giant’s plans to make private equity allocations available to retail investors Readers of this blog will be aware that Vanguard, the USD5trillion-plus mutual fund operator, announced this month (February 2020) its JV with HarbourVest, the USD45billion private equity house. Both partners in this mega-venture are behemoths of the …
Continue reading “Vanguard: bringing Private Equity to the People?”
Readers of this blog will have seen this week the report by portfolio-adviser.com (@PortfAdviser) that the FCA has dismissed claims that it was too slow to act to the Woodford and M&G fund blow-ups: https://portfolio-adviser.com/fca-dismisses-claims-it-is-too-slow-to-act/ In fairness to the FCA (bear with me), their perceived omissions and its basic failure to accord WEIF investors with …
Continue reading “MATTHEW FEARGRIEVE: Hygiene Issues: FCA & Neil Woodford”
Matthew Feargrieve 11 February 2020 Readers of this blog will be all-too familiar with the implosion of the Neil Woodford UCITS funds and the ramifications thereof for Mr Woodford himself (none, so far, at least, for that worthy individual), for the de facto promoter of his funds (Hargreaves Lansdown, for whom trouble surely is a-comin’) …
Continue reading “UK Retail Funds Market, 2020: Only the Fittest will Survive”
Matthew Feargrieve 10 February 2020 Readers of this blog will be aware that Vanguard, the USD5trillion-plus mutual fund operator, announced last week its JV with HarbourVest, the USD45billion private equity house. Both partners in this mega-venture are behemoths of the asset management industry, and the tie-up seems to herald a new era of innovation and …
AN EVOLVING LANDSCAPE By Matthew Feargrieve 11 February 2020 Introduction In addition to its primary characteristic as the jurisdiction of choice for private banking, Switzerland is growing in significance as a centre of fund management. The country boasts around 15% of global assets under management, making it the third largest global centre of asset management …
By Matthew Feargrieve 10 February 2020 1. BVI Investment Funds: Overview Investment funds domiciled in the British Virgin Islands (often referred to simply as “the BVI”) are regulated by the Investment Business Division of the Financial Services Commission (the “FSC”). The Investment Business Division is responsible for the regulation and supervision of securities and investment …
Matthew Feargrieve 