The Long-Short

Last year, fresh from speaking at AIMA's Next Generation Manager Forum, Elissa von Broembsen-Kluever, Partner & MD at Omni Partners, spoke to The Long-Short's co-host Drew Nicol about the lessons and insights she learned as her firm grew, including how to hire the right people, engage with prospective allocators, and keep investors happy.  This year, AIMA's annual Next Generation Manager Forum will take place the 23 May at The Royal Institution. The Forum will provide a platform for the exchange of ideas and the development of peer networking for senior individuals at alternative asset management businesses managing up to $500m in hedge and private credit assets. For more information, visit aima.org/events.

Industry commentators have suggested that as much as 95% of the hedge fund industry's total assets are in the hands of a few super asset managers, leaving very little to be invested in early-stage firms. It only gets trickier for start-ups with the rising barrier to entry as regulatory and operational costs continue to mount.​​​​​​​Thankfully, there is help on hand as Chris Winiarz, CIO of Stable, a multi-billion-dollar investment firm dedicated to helping ambitious fund founders, joins Tom Kehoe and Drew Nicol to offer invaluable guidance to emerging managers aiming to navigate this competitive landscape.

The Financial Times was at the forefront of uncovering the $2 billion fraud at the centre of Wirecard’s accounts, leading to the German payment processing giant’s collapse in 2020. Two years on, the lead investigative journalist Dan McCrum sat down with The Long-Short to discuss his new book, Money Men, which details how his team, assisted by a cast of committed short sellers, exposed the truth.To hear the full conversation, search for episode 32 of The Long-Short on your preferred podcast platform or visit AIMA.org and search for The Long-Short.If you found this episode interesting, please like and subscribe to stay up to date and help others find the podcast.

It's been almost two years to the day since global central banks embarked on one of the most synchronized rapid monetary tightening cycles in modern-day economic history, to tame runaway higher levels of inflation following the COVID pandemic.While the worst may be over, central banks caution that with rising government debt and geopolitical tensions all stirring the pot, global financial markets will continue to face mounting challenges.Amid this period of uncertainty, Anna McCutcheon, co-founder of Shikuma Capital joins Drew and Tom to talk through what is likely to be another fascinating year in global markets.

With its economy among the global top performers and poised to enter the world's top three within the next few years, India's asset management industry stands on the brink of extraordinary growth. Shiv Sehgal of Nuvama Capital Markets shares his insights on the booming potential for alternative assets in India.

The biggest event of the year so far for hedge funds was the US SEC's recent finalisation of its new definition of a securities dealer. After a year of waiting, the final text is now available, confirming that private funds would be in scope, throwing our industry into uncharted territory by undermining the century-old understanding that hedge funds were customers of dealers, not dealers themselves. So, what exactly does this mean for the industry? Where do we go next? Joining us to answer these questions and unpack this seismic shift in the definition of a dealer is AIMA's Head of US Markets Policy and Regulation, Daniel Austin. Daniel joins us from AIMA's Washington office to break down the US SEC's final rule text, its implications for hedge funds, and what comes next.