How do you start your own Hedge Fund in the UK

[davidh1819]

Hello

Just wondering if any traders here have any experience in hedge fund start up in the UK. I have heard the industry is very ungregulated and i have been told that all you need is a large sum of money to kick start the fund an accountant and a lawyer and the rest is paper work.

Any Traders here that can give me some advice?


Thank You

 

[BeginnerJoe]

Just go hire an accountant and tell him you want to start a hedge fund company, and he should be able to do the rest. I have no idea where this lawyer would come in. I also don't understand why you need a large sum of money. I always thought hedge funds get their money from noobs who want to get rich.

 

[davidh1819]

Just go hire an accountant and tell him you want to start a hedge fund company, and he should be able to to the rest. I have no idea where this lawyer would come in. I also don't understand why you need a large sum of money. I always thought hedge funds get their money from noobs who want to get rich.

No Hedge funds are funds for wealthly individuals who dont want there money doing nothing in the bank. You need a large sum of money so your potential clients will take you seriosly and will have have more confidence in you as a trader because your putting your own captial at risk along side there money. Also you can use your clients money to short sell shares a mutual fund will not allow this due to regulation.

 

[BeginnerJoe]

No Hedge funds are funds for wealthly individuals who dont want there money doing nothing in the bank. You need a large sum of money so your potential clients will take you seriosly and will have have more confidence in you as a trader because your putting your own captial at risk along side there money. Also you can use your clients money to short sell shares a mutual fund will not allow this due to regulation.

Oh, ok. Well, I was with a couple of hedge fund start ups before. They didn't have any money and had to go find noobs looking for a gamble. There is in fact advantages for the first noobs to plunge in. Potentially they'd get paid off with money from noobs who come in after.

 

[davidh1819]

Oh, ok. Well, I was with a couple of hedge fund start ups before. They didn't have any money and had to go find noobs looking for a gamble. There is in fact advantages for the first noobs to plunge in. Potentially they'd get paid off with money from noobs who come in after.

Thats not a hedge fund that is called a Ponzi scheme its illegal

 

[scose-no-doubt]

lulz thread

 

[pboyles]

Oh, ok. Well, I was with a couple of hedge fund start ups before. They didn't have any money and had to go find noobs looking for a gamble. There is in fact advantages for the first noobs to plunge in. Potentially they'd get paid off with money from noobs who come in after.

Im pretty sure those weren't hedge funds you were at. More like boiler rooms or ponzi schemes.

 

[BeginnerJoe]

Im pretty sure those weren't hedge funds you were at. More like boiler rooms or ponzi schemes.

I always assumed pozi schemes are those who got caught. Those who didn't are hedge funds. Do you see why hedge funds require a deregulated environment ?

If you read what I said, I never said the funds were doing anything of the sort. I am giving a reason why people would rush into these kind of funds. The potentialities are there.

 

[Doomberg]

Hedge fund seems interesting, would clients be happy with say 20% a year and you keep the rest?

 

[Black Swan]

lulz thread

Even the babypips regulars would be cringing at the fooktarded content..

 

[safvan]

http://www.youtube.com/watch?v=ksLySMWRwLs

 

[BeginnerJoe]

Where in the video does it say the early entrants to the fund can't be paid off from the money of the late comers ? Perhaps the cringing experts and their babypips buddies can explain ?

 

[pboyles]

Nowhere, so it must be OK.

 

[Pazienza]

Thats not a hedge fund that is called a Ponzi scheme its illegal

Ponzi schemes are not illegal. What do you think the UK state pension is? What do you think unfunded final salary public sector pension schemes are?

Ponzi schemes, far from being illegal, are actively run and promoted by our own government.

 

[BeginnerJoe]

Nowhere, so it must be OK.

Thank you. Glad to have some expert enlightenment in this threadz. Do you know people from babypips or something ?

 

[pboyles]

Thank you. Glad to have some expert enlightenment in this threadz. Do you know people from babypips or something ?

You can definitely trust those YouTube videos, nobody ever fakes them or posts crap there.

 

[BeginnerJoe]

You can definitely trust those YouTube videos, nobody ever fakes them or posts crap there.

Maybe it's not crap, and maybe that's what really happens. You been to a hedge fund to know better ?

 

[cr6196]

this thread is moronic (the type of person who asks these questions couldn’t make money if they knew what the closing price was going to be on Monday) but no1 would set up a HF in the UK and running a ponzi scheme is pretty much impossible if your using a reputable prime broker/fund administrator (I’m no expert but some HFs are structured wherby the manager is seperate from the actual LLC fund and acts an “advisor” with no actual "access" to the funds). a lot of UK HFs are listed in Ireland (some like Brevan Howard even list in London) so to say they are loosely regulated isn't always true.

 

[davidh1819]

this thread is moronic (the type of person who asks these questions couldn’t make money if they knew what the closing price was going to be on Monday) but no1 would set up a HF in the UK and running a ponzi scheme is pretty much impossible if your using a reputable prime broker/fund administrator (I’m no expert but some HFs are structured wherby the manager is seperate from the actual LLC fund and acts an “advisor” with no actual "access" to the funds). a lot of UK HFs are listed in Ireland (some like Brevan Howard even list in London) so to say they are loosely regulated isn't always true.

Iv been making reasonable and consistent returns trading ever since I started I assure you I can make money if I knew the closing price this Monday.

I asked a simple question on how one starts his own hedge fund and all I get is an insult, people talking about ponzi schemes and joking about my question if you don't have the answer or anything constructive to say please don't leave a comment this forum is here to help people out

and for those who think a Ponzi scheme is not illegal feel free to start one up and see how long it takes to get banged up!

 

[Doomberg]

Iv been making reasonable and consistent returns trading ever since I started I assure you I can make money if I knew the closing price this Monday.

I asked a simple question on how one starts his own hedge fund and all I get is an insult, people talking about ponzi schemes and joking about my question if you don't have the answer or anything constructive to say please don't leave a comment this forum is here to help people out

and for those who think a Ponzi scheme is not illegal feel free to start one up and see how long it takes to get banged up!

Its sad how people ask a genuine question and then get called all sorts of names....

Interesting thread i think, how would one get regulated to trade others money?

I mean, if you can get good returns and pass on a small bit of it, could be a winner