The global funds sector is experiencing an interesting expansion
that's increasing the diversity of funds on offer as well as
the size. Well-established fund managers are continuing to grow and
launch larger and larger funds, while there has also been a steady
flow of first-time, spin-off and emerging managers setting up their
own firms.
This new wave of fund managers has been partly driven by
investor demand for the niche, tactical, added-value investment
opportunities that the larger funds may pass over or simply not be
aware of. The opportunities and rewards for both approaches
continue to fuel interest and demand and there's therefore a
need to make sure that emerging fund managers get it right first
time.