How to Become a Hedge Fund Manager

Some outsourcers offer independent pricing of a fund’s portfolio of securities.Custody: Hedge fund assets are generally held with a custodian, including cash in the fund as well as the actual securities. Custodians may also control flow of capital to meet margin calls.Of course there will also be a manager of the fund. Assuming you are the one looking to set the fund up, that would be you.This all sounds a little complicated but there are plenty of administrative services that could put this set-up together for you for around $70,000.The set up, however, is not the problem. Getting money into the fund is.Lets say you have a fund set up, you have even managed to get yourself a fund management company properly licensed, you are ready to go as a newly fledged hedge fund manager. Problem now is that you have to get money into the fund and this is where your problems start.The continuing fees from your administrators above are payable on an annual basis so your overhead is there. Covering these overheads will be the fees you get from your fund. Fees are the now notorious '2 & 20' meaning that there is a 2% annual fee and 20% of the profits.Lets say your overheads are 100,000 per annum, you will need at least 5mn into your fund for the annual fee to cover your overhead. In anyone's language, that is a large chunk of change. To get this you will need to prove to potential investors that you know what you are doing.Sarah Butcher, editor of eFinancialCareers.com agrees. "You can't just be someone off the street and set up a hedge fund," she says. "Investors want to put their money with someone who has a track record."When speaking with investors you need to be able to show them your performance and the strategies you use.

Pages: 1 [2] 3 4

Äeâyøêa_Becía comment`s:

Honestly, successful work

01.12.2009


Add comment:
Name:
Sait link: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):
 



Popular

Secured Business Loans: for your Business Advancement

Secured Business Loans: for your Business AdvancementAuthor: Michael.t.brianIt is not at all possible to run a business without making any investment. But for some business mind, making huge investment is quite a challenging task, due to insufficient amount. Now this challenge has been simplified. The only consideration is to be done is get the secured business loans. Every entrepreneur irrespective of credit report is eligible for the loan. Secured Business Loans can be approved by every entrepreneur by placing collateral. Lenders accept any property as collateral which have monetary value. Estate, commercial property, land, house, car and valuable documents are some among them.



News

Three Ways to trade your way to financial freedom (Print Ready)

Almost everyone have the connotation that the Forex Currency Exchange market is a million-dollar money-making market. This staggering fact is not a joke and traders who have mastered the trillion dollar beast are literally making a nice living - some have become millionaires while some are billionaires. With this, it is no wonder why most people want to try their luck in forex trading, with the hope of making huge profits too. If you are one of those who want to , then take note of these three key steps. You have the ability to trade with realistic risk assessment. You are able to control your greed.



New!

Hula Hoop Exercise: 4 Easy Routine Suggestions

Hula Hoop Exercise: 4 Easy Routine SuggestionsAuthor: Sal FarzinAre you looking for a fun way to remove excess fats from your stomach? If so, try to go back to your childhood memories wherein hula hoops were the best toys you had. They are great exercise tools that could help you so much in achieving a slimmer, healthier body. Learn more about which hula hoop exercise you have to do to make your waistline smaller by several inches. Here are some good suggestions to consider: 1. Many hoops exercise You can swing your hips on a single hoop exercise. But definitely, you can use two or more of them to burn more calories. This is best for advanced hula hoop users. If you're tired of using only one of these twirling hoops because of the simplicity of technique involved, challenge yourself to use more than one when exercising.