The Gemini Companies (Gemini) today shared insights from its recent panel discussion featuring allocators focused on boutique alternative fund managers. The conversation, part of Gemini’s February 13, 2018, industry networking event at the HGU Hotel in New York City, was moderated by Matt Ackermann, Director of Digital Content at InvestmentNews. During the event, panelists addressed current industry challenges and developments from legal, custodial, audit, and operational perspectives. Panelists included Carlos Cabrera, founder of JOIA Investments LLC; Amy Bensted, head of hedge fund products at Preqin; and Ken Shewer, founder of Kenmar Holdings and founder of Inception Point.
“We were pleased that the audience of senior fund executives valued the conversation, and hope they can harness these insights to meet their specific investment goals and investor expectations,” said Mr. Cabrera.
The conversation touched on a broad range of topics, including regulatory updates, what constitutes a qualified custodian, the audit ramifications of digital assets, and how investors can address operational concerns about allocating to boutique managers.
Ms. Bensted added: “Many funds are available to investors in today’s market, and boutique managers need to understand how they can stand out from the crowd. This discussion provided a valuable opportunity for boutique managers and allocators to understand how they can respond to the changing demands of investors.”
It was revealed during the event that some specific ways boutique managers can focus on their core competencies (i.e., distinct trading strategy) and promote investor confidence is by:
- Outsourcing their operational infrastructure
- Making their fund more assessable via a managed account platform
- Our agility in handling complex/evolving investment strategies
- Being able to clearly articulate their fees and costs of running their operations