Tue, Aug 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

AIMA updates guide to hedge fund valuation to reflect new accounting standards and regulations

Wednesday, October 09, 2013

amb
Andrew Baker
Benedicte Gravrand, Opalesque Geneva:

How assets managed by hedge funds are valued is a critical issue for fund managers, valuation specialists and investors. The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has just released a paper which sets out the latest guidance in this area; the updated Guide to Sound Practices for Hedge Fund Valuation is now available to AIMA members.

The paper takes account of recent regulatory reforms, including a summary of valuation requirements under the EU’s Alternative Investment Fund Managers Directive (AIFMD), and changes in accounting standards since the last edition was published in 2007. It also reflects greater demands for transparency from investors.

Indeed, following the 2008 financial crisis, the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) worked on several projects for new accounting standards. "The fair valuation hierarchy has helped Investors better understand the characteristics of portfolios from a valuation perspective and, as reporting continues to evolve, sound practice will be for hedge funds, usually via their Valuation Service Providers, to provide fair valuation hierarchy disclosures to thei......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Commodities - Hedge funds pile into bullish bets on U.S. crude by most on record, Rig count steady, hedge funds dump short contracts on 63 million barrels, Hedge funds bail on Copper as Goldman predicts ‘supply storm’, Hedge funds pile up bets against sterling[more]

    Hedge funds pile into bullish bets on U.S. crude by most on record From BRecorder.com: Hedge funds and other speculators raised their bullish bets on US crude oil in the past week by the most on record fuelled by speculation that Organization of the Petroleum Exporting Countries will agr

  2. Investing - U.S. hedge fund Marathon makes Brexit bet on European property, Hedge funds love Liberty and John Malone, DE Shaw could bid for control over TerraForm Power, New York hedge fund increases stake in Tronc as sale talks continue, Don't wait too long to check this +20% value fund's ideas[more]

    U.S. hedge fund Marathon makes Brexit bet on European property From FT.com: Marathon, a $13bn US hedge fund, is building a big Brexit trade, increasing its investments in property across Ireland, France, Germany and the Netherlands, in a bet that they will be among the big beneficiaries

  3. The Big Picture: Water is single largest environmental investment opportunity[more]

    Benedicte Gravrand, Opalesque Geneva: Water, the world’s most precious and undervalued commodity, is set to lead the socially and environmentally responsible investment themes. This is according to specialist fund manager Thomas Schumann. His firm,

  4. Opalesque Exclusive: Investors struggle to identify the better performing hedge funds[more]

    Komfie Manalo, Opalesque Asia: Fund managers and investors believe that performance is one of the major factors driving change in the hedge fund industry, a Preqin survey showed in its latest Hedge Fund Spotlight. Preqin said that the disappoin

  5. …And Finally - Baby born on Cebu Pacific airplane gets 1 million air miles[more]

    From CNN.com: Here's one kid who'll probably learn to fly before she can crawl. After being born four hours into a flight from Dubai to Manila, baby girl Haven has been gifted 1 million air mile points. Haven's mom went into labor more than five weeks early while flying on an aircraft op