Sun, Jul 5, 2015
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. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner