Fri, Nov 28, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

In transition: hedge funds and transparency part one

Tuesday, January 07, 2014

Bailey McCann, Opalesque New York:

Since 2008, a number of factors have shifted for hedge funds, from markets to regulation to investor demands. In one sense, these shifts are par for the course for any investment company. In another, the convergence of particular trends after such a big correction may have a more lasting impact than any market participant could have imagined. 2014 is slated to be the first real test year for a number of critical provisions of Dodd-Frank, and in Europe the AIFMD, EMIR and proposed banking union will only add to that overhead. No one including the regulators themselves are fully aware of how all of this will play out.

Newly extra-protected investors now also find themselves confronted with more information than they’ve ever had before. Hedge funds have always been purveyors of smarts, but now that investors and regulators have a more complete view will they be better off? In this series we will look at how changes in due diligence and regulation are impacting investors and funds.

Investors – particularly institutions – responded to 2008 by trying to get greater control on investment company operations. Due diligence questionnaires shifted from a few check boxes about strategy and a background check to a granular look at business processes and risk metrics. Independent operational due diligence experts were brought in to suss out any red flags that could head off the next Bernie Madoff or MF Global. For hedge funds that wan......................

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. Unlucky Paulson & Co. rebrands $1.6bn Recovery Fund after 13% drop[more]

    From Businessweek.com: A maturing U.S. economic recovery is prompting Paulson & Co. to change course. The $19 billion hedge fund firm, led by billionaire John Paulson, told investors on a conference call this month that the Paulson Recovery Fund will be renamed Paulson Special Situations Fund on Jan

  2. Opalesque Roundtable: Islamic Finance races ahead with Sukuk, the first managed account platform, and foreign demand[more]

    Komfie Manalo, Opalesque Asia: A number of developments took place within Islamic finance in the past years, including the launch of a Islamic managed account platform and the further growth of the sukuk space that saw this instrument evolve from being a type of an ABS security that was rarely

  3. CTAs , event-driven strategies lead hedge funds recovery in mid-November[more]

    Komfie Manalo, Opalesque Asia: November’s performance proves to be in sharp contrast to the previous month, with equities further consolidating their upswing last week, according to the latest Lyxor Asset Management’s Weekly Brief. CTA funds als

  4. Fund Profile - A complex hedge fund strategy works for United Technologies[more]

    From Institutionalinvestor.com: Reports that portable alpha is dead have been greatly exaggerated, as Mark Twain might have phrased it. Another Connecticut Yankee, giant United Technologies Corp., is gearing up to grow its successful, nearly decade-long portable-alpha program. The UTC strategy took

  5. Opalesque Exclusive: The unintended consequences of Basel III[more]

    Benedicte Gravrand, Opalesque Geneva: Bijesh Amin, co-founder and managing director of Indus Valley Partners (IVP), a technology solutions and services firm focused on the alternative asset management industry, has recently observed