How do you start your own Hedge Fund in the UK

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Old Jul 16, 2011, 3:37pm   #1
Joined Jun 2010
How do you start your own Hedge Fund in the UK

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
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Old Jul 16, 2011, 3:43pm   #2
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Re: How do you start your own Hedge Fund in the UK

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.

Last edited by BeginnerJoe; Jul 16, 2011 at 9:07pm.
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Old Jul 16, 2011, 3:58pm   #3
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Re: How do you start your own Hedge Fund in the UK

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Originally Posted by BeginnerJoe View Post
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.
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Old Jul 16, 2011, 4:02pm   #4
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Re: How do you start your own Hedge Fund in the UK

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Originally Posted by davidh1819 View Post
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.
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Old Jul 16, 2011, 4:11pm   #5
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Re: How do you start your own Hedge Fund in the UK

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Originally Posted by BeginnerJoe View Post
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
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Old Jul 16, 2011, 4:32pm   #6
 
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Re: How do you start your own Hedge Fund in the UK

lulz thread
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"What the **** is going on here?!" - Mickey B

Looks like Scose be trollin' 'aaaaard tho... as far as some are concerned!
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Old Jul 16, 2011, 5:02pm   #7
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Re: How do you start your own Hedge Fund in the UK

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Originally Posted by BeginnerJoe View Post
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.
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Old Jul 16, 2011, 5:13pm   #8
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Re: How do you start your own Hedge Fund in the UK

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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.

Last edited by BeginnerJoe; Jul 16, 2011 at 5:38pm.
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Old Jul 16, 2011, 7:05pm   #9
 
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Re: How do you start your own Hedge Fund in the UK

Hedge fund seems interesting, would clients be happy with say 20% a year and you keep the rest?
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Old Jul 16, 2011, 9:05pm   #10
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Re: How do you start your own Hedge Fund in the UK

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lulz thread
Even the babypips regulars would be cringing at the fooktarded content..
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Old Jul 16, 2011, 9:06pm   #11
 
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Re: How do you start your own Hedge Fund in the UK

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Old Jul 16, 2011, 9:23pm   #12
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Re: How do you start your own Hedge Fund in the UK

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 ?
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Old Jul 16, 2011, 9:32pm   #13
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Re: How do you start your own Hedge Fund in the UK

Nowhere, so it must be OK.
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Old Jul 16, 2011, 9:33pm   #14
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Re: How do you start your own Hedge Fund in the UK

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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.
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Old Jul 16, 2011, 9:36pm   #15
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Re: How do you start your own Hedge Fund in the UK

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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 ?
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