Corey Ribotsky Update

For hedge fund leaders like Corey Ribotsky, the Fudiciary Management Summit 2012 is the perfect opportunity. Conducted by Finance IQ, the summit took place on Wednesday, January 25^th and brought together Fund Managers, Plan Sponsors, CIO’s and Trustees with Fiduciary Mangers, Asset Managers, Boutique Houses and Consultants.

The seminar evaluated the challenges facing pension funds as they look towards the idea of moving towards a Fiduciary Model. They defined the FM Model for the UK market and evaluated the macro view of the pensions’ market.

Hedge fund managers like Corey Ribotsky may want to take note of a new strategy that some, like Richard Hurowitz, are employing.  Hurowitz has been running a $1 billion hedge fund and he has recently moved into shareholder activism, taking on both the boards of a Canadian and a German company.

As Hurowitz explained, “Shareholders in this financial environment are not going to be tolerant of boards that do not protect their interests.”

Read more about this situation as it develops.

In an interesting new approach, Asian hedge funds that are starved for capital are starting to allow clients more control over their investments. These managed accounts are creating a lifeline for funds in the area, who would otherwise be too small to get institutions who are large investors in the industry.

As it might be of interest to hedge fund leaders like Corey Ribotsky, the hedge funds might charge less than the 2% management fee and 20% performance fee that is usually taken from clients.

As Gautam Prakash, founder of U.S.-based hedge fund Monsoon Capital said, “As a manager trying to grow a new strategy, you do whatever it takes to get capital.”

Learn more about this plan here.

Corey Ribotsky is the managing partner of the N.I.R. Group of Roslyn, Long Island in New York. This financial firm shows its confidence in its financial strategies by investing alongside their limited partners, and not watching from the sidelines as interested outsiders. In this way they prove to their clients their belief in their abilities to create above average returns while at the same time reducing to a minimum the downside risk.

With this unique approach to investing the N.I.R. Group has been rated among the best investors in the Barron’s Hedge Fund 100 Chart of previous years.