In the wake of last week’s election it seems that the hedge fund industry is poised for great growth in both new fund launches and assets under management in 2013. Now that we know who will be residing in the White House for the next four years, the industry has clear picture on which way regulation will be heading in the short and long term.
|(Photo: 401(K) 2012)|
The rules of the game have become clearer and Wall Street and the powers that be are in a better position to play. Next up is a ruling by the SEC on the Jobs Act.
Our research says look for this final determination before year-end. The wild card of course remains the uncertainty around returns. As the fiscal cliff looms and volatility around the world continues, managers are having a difficult time putting up returns.
That being said investors regardless of the size of their portfolios continue to want to invest in funds that make money no matter which way the markets are moving.
This we believe will be the driver of new fund launches and asset growth in 2013.
GAIM USA’s agenda is focused on understanding policy challenges, the impact of regulation, asset allocation trends and new fund launches; making it the must attend event for investors, managers and solution providers. We look forward to seeing you in Boca this January.