Thu, May 25, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Stenham Advisors joins the Hedge Fund Standards Board

Thursday, December 16, 2010
Opalesque Industry Update - Stenham Advisors Plc has joined the Hedge Funds Standards Board’s (‘HFSB’) Investor Chapter.

The HFSB was formed with the goal of creating a framework for promoting integrity, transparency, and good governance in the hedge fund industry. This is achievable only if backed by investors, as investors are the best positioned economic agents to drive adoption of the Standards in the industry. In order to engage investors in this process, the HFSB created its Investor Chapter. The Standards serve the interests of all market participants and of the economy at large.

Jeremy Swindell, Head of Operational Due Diligence at Stenham Advisors Plc said: ‘At Stenham we have always been committed to managers with independent fund oversight and valuation, strong governance, robust risk management processes as well as appropriate levels of disclosure. These are the key objectives of the Investor Chapter and we are proud to foster these standards within our industry’.

The HFSB’s standards cover the following areas:

1. Investment Policy and Risk Disclosure
2. Commercial Terms Disclosure
3. Performance Measurement
4. Disclosure to Lenders/Prime Brokers/Dealers
5. Segregation of Functions in Valuation
6. Hard-to-value Assets
7. Risk Framework
8. Portfolio Risk
9. Liquidity Risk Management
10. Market Risk Management
11. Counterparty Credit Risk Management
12. Control Processes
13. Operational Risk – Trading and Execution; Fraud and Financial Crime Prevention; Disaster Recovery; Model Risk; IT Security; Legal and Regulatory; Disclosure
14. Outsourcing Risk
15. Fund Governance
16. Prevention of Market Abuse
17. Proxy Voting
18. Borrowing Stock to Vote

(press release)


Stenham Asset Management has been active in fund management for over 25 years focusing exclusively on delivering absolute returns achieving a multiple award-winning track record. It provides market leading solutions for pension funds, charities, family offices and high net worth individuals, including both discretionary portfolios and funds of hedge funds. Its clients are mainly located in the UK and Channel Islands, Europe, Southern Africa, Latin America and Japan. Total assets as at October 2010 are US$ 3.6 billion. Website: www.stenhamassetmanagement.com


Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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: Time to invest in robotics? (part 1)[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The London-based, Swiss-born manager of the RoboCap UCITS Fund, talks to Opalesque about investing

  2. Investing - Hedge funds have been selling big winners this year, Hedge funds are betting $1 billion that Snapchat shares are going to drop, Here are the biggest bets made by top hedge funds in the first quarter[more]

    Hedge funds have been selling big winners this year From CNBC.com: Hedge fund managers' most popular stock to start the year has been a familiar name that is falling short in terms of performance, while the least popular companies all have been crushing the market. Procter & Gamble

  3. Investing - Third Point's Loeb surfs on as hedge fund washout continues, George Soros has added to his losing bets against the stock market, Hedge funds, VCs and the CIA are throwing money at ex-Bridgewater data scientists' startup, Hedge funds shed retail amid fears of "apocalypse"[more]

    Third Point's Loeb surfs on as hedge fund washout continues From Reuters/Nasdaq.com: Billionaire investor Daniel Loeb said on Thursday that he is still making money even as the hedge fund industry struggles. Loeb, who oversees the $16 billion hedge fund firm Third Point LLC, sa

  4. Investing - Tudor Jones backs AI hedge funds, Massive hedge fund trades highlight insider buying: GE, Pentair, Tempur Sealy, Apollo Global and more, Hedge funds big wigs are buying consumer and selling tech, here's the stocks[more]

    Tudor Jones backs AI hedge funds From FT.com: Hedge fund magnate Paul Tudor Jones has invested in a brace of artificial-intelligence powered "quantitative" hedge funds, underscoring the increasing acceptance that the industry will need to turn more to technology and away from traditional

  5. Soon hedge fund investors won't bet on a man, they will bet on a machine[more]

    From Forexlive.com: The Wall Street Journal is in the midst of a 17-part series that looks at the rise of quant funds. The AUM and money invested in quant funds still trails traditional asset managers but the gap is closing. What's truly amazing is volume. Quant funds make up 27% of trading vo