Click here to close now.


News Feed Item

Alternative Investors See Activism As Value Driver And Anticipate Strategy's Growth, Novus Survey Finds

Survey Identifies Succession Planning as Long-Term Viability Issue Among Major Hedge Funds

NEW YORK, April 8, 2014 /PRNewswire/ -- Institutional investors view activism as a successful tool used among hedge fund managers to increase returns and stimulate growth in their investments, according to a new survey conducted by Novus at the PartnerConnect / HedgeWorld East Conference in New York City, held March 25-27, 2014.

"With institutional investors under increasing pressure to add value and deliver returns, we're not surprised to see unconventional investment strategies like activism growing in popularity and a great uptick in allocators willing to employ them," said Basil Qunibi, CEO and Founder of Novus, a portfolio intelligence and analytics company based in New York.

The survey found:

Hedge Funds & Activism

  • The majority of experts (78 percent) believe activism drives shareholder value;
  • Nearly all respondents (94 percent) anticipate activism will grow in popularity;
  • Just under three-quarters (70 percent) said they would be willing to personally invest in funds that employ this strategy.

Hedge Fund Succession Planning & Institutionalization

  • Respondents widely agree (77 percent) that hedge funds will be negatively impacted when their founders step back or retire in coming years;
  • Eighty-eight percent of experts believe the industry will continue to institutionalize, a step which will likely help funds maintain long-term viability.

Pressure on Pensions

  • Nearly two-thirds of experts (61 percent) said post-financial crisis, pensions are under extreme pressure to generate greater returns as opposed to focusing on preserving existing capital.

"Today's institutional investors face an uphill battle when it comes to managing their liabilities, placing enormous pressure on both managers and allocators to increase alpha," continued Qunibi. "At Novus, we believe that diving into existing portfolios to analyze them in an objective way and making sense of disparate data from various sources is the best way to unlock value and reveal hidden opportunities for any investor. In doing so, we've helped our clients gain significant additional alpha in comparison to their peers."

About the Survey

The survey of 65 alternative and institutional investing professionals was conducted by Novus Partners at the HedgeWorld/PartnerConnect East Conference in New York City, held March 25-27, 2014. Respondents included managers of and investors in the alternative asset management industry, including hedge funds, private equity firms, managers of family offices, pension funds and other institutional investing professionals.

About Novus:

Novus is a next-generation, web-based portfolio analytics and intelligence platform for institutional investors. The Novus Platform is used by many of the top hedge funds, fund of funds, pensions, sovereign wealth funds and endowments to analyze risk, performance and attribution across aggregated and historical data sets. 

Portfolio managers, investor relations teams and operations teams use the Novus Platform in different ways to generate more alpha, analyze and manage their risks, report to their investors and become more efficient with resources.

Through the firm's data-driven approach, industry-leading analytics and unique team of ex-portfolio managers and investors, Novus is transforming the way the world invests.

Novus is based in New York, with offices in San Francisco, California and Zurich, Switzerland. For more information, visit


More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOps has often been described in terms of CAMS: Culture, Automation, Measuring, Sharing. While we’ve seen a lot of focus on the “A” and even on the “M”, there are very few examples of why the “C" is equally important in the DevOps equation. In her session at @DevOps Summit, Lori MacVittie, of F5 Networks, will explore HTTP/1 and HTTP/2 along with Microservices to illustrate why a collaborative culture between Dev, Ops, and the Network is critical to ensuring success.
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and containers together help companies achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, will review the current landscape of...
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi's VP Business Development and Engineering, will explore the IoT cloud-based platform technologies driv...
In their session at DevOps Summit, Asaf Yigal, co-founder and the VP of Product at, and Tomer Levy, co-founder and CEO of, will explore the entire process that they have undergone – through research, benchmarking, implementation, optimization, and customer success – in developing a processing engine that can handle petabytes of data. They will also discuss the requirements of such an engine in terms of scalability, resilience, security, and availability along with how the archi...
DevOps is gaining traction in the federal government – and for good reasons. Heightened user expectations are pushing IT organizations to accelerate application development and support more innovation. At the same time, budgetary constraints require that agencies find ways to decrease the cost of developing, maintaining, and running applications. IT now faces a daunting task: do more and react faster than ever before – all with fewer resources.
Overgrown applications have given way to modular applications, driven by the need to break larger problems into smaller problems. Similarly large monolithic development processes have been forced to be broken into smaller agile development cycles. Looking at trends in software development, microservices architectures meet the same demands. Additional benefits of microservices architectures are compartmentalization and a limited impact of service failure versus a complete software malfunction....
As a company adopts a DevOps approach to software development, what are key things that both the Dev and Ops side of the business must keep in mind to ensure effective continuous delivery? In his session at DevOps Summit, Mark Hydar, Head of DevOps, Ericsson TV Platforms, will share best practices and provide helpful tips for Ops teams to adopt an open line of communication with the development side of the house to ensure success between the two sides.
Docker is hot. However, as Docker container use spreads into more mature production pipelines, there can be issues about control of Docker images to ensure they are production-ready. Is a promotion-based model appropriate to control and track the flow of Docker images from development to production? In his session at DevOps Summit, Fred Simon, Co-founder and Chief Architect of JFrog, will demonstrate how to implement a promotion model for Docker images using a binary repository, and then show h...
The last decade was about virtual machines, but the next one is about containers. Containers enable a service to run on any host at any time. Traditional tools are starting to show cracks because they were not designed for this level of application portability. Now is the time to look at new ways to deploy and manage applications at scale. In his session at @DevOpsSummit, Brian “Redbeard” Harrington, a principal architect at CoreOS, will examine how CoreOS helps teams run in production. Attende...
There will be 20 billion IoT devices connected to the Internet soon. What if we could control these devices with our voice, mind, or gestures? What if we could teach these devices how to talk to each other? What if these devices could learn how to interact with us (and each other) to make our lives better? What if Jarvis was real? How can I gain these super powers? In his session at 17th Cloud Expo, Chris Matthieu, co-founder and CTO of Octoblu, will show you!
Developing software for the Internet of Things (IoT) comes with its own set of challenges. Security, privacy, and unified standards are a few key issues. In addition, each IoT product is comprised of at least three separate application components: the software embedded in the device, the backend big-data service, and the mobile application for the end user's controls. Each component is developed by a different team, using different technologies and practices, and deployed to a different stack/...
Clutch is now a Docker Authorized Consulting Partner, having completed Docker's certification course on the "Docker Accelerator for CI Engagements." More info about Clutch's success implementing Docker can be found here. Docker is an open platform for developers and system administrators to build, ship and run distributed applications. With Docker, IT organizations shrink application delivery from months to minutes, frictionlessly move workloads between data centers and the cloud and achieve 2...
Mobile messaging has been a popular communication channel for more than 20 years. Finnish engineer Matti Makkonen invented the idea for SMS (Short Message Service) in 1984, making his vision a reality on December 3, 1992 by sending the first message ("Happy Christmas") from a PC to a cell phone. Since then, the technology has evolved immensely, from both a technology standpoint, and in our everyday uses for it. Originally used for person-to-person (P2P) communication, i.e., Sally sends a text...
SYS-CON Events announced today that Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, will keynote at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Chris Van Tuin, Chief Technologist for the Western US at Red Hat, has over 20 years of experience in IT and Software. Since joining Red Hat in 2005, he has been architecting solutions for strategic customers and partners with a focus on emerging technologies including IaaS, PaaS, and DevOps. He started his career at Intel in IT and Managed Hosting followed by leadership roles in services and sales engineering at Loudcloud and Linux startups.