Opalesque Industry Update - The Regulatory Fundamentals Group (RFG), a New York-based firm that provides strategic business and regulatory insights for alternative funds, institutional investors and their advisors, announced the release of its "Best Practices Barometer," a comprehensive overview designed to help managers and fund boards evaluate how a firm stacks up against industry best practice guidelines in the following areas:|
As investors continue to expand their due-diligence inquiries, advisers and their funds must stay on top of investor concerns and preferences, as well as common practices in the industry. But, with numerous sources each articulating their own standards, it can be difficult to determine how a firm really measures up. The Barometer synthesizes standards promulgated by multiple industry associations.
"RFG now offers a user-friendly way to capture industry best practices and investor concerns," said Deborah Prutzman, CEO and Founder of RFG. "Using the Best Practices Barometer, advisers have at their disposal a total picture of industry expectations, which will provide them with a fundamental appreciation of what is driving investors in the seven critical areas we cover. At the same time, advisers can use the Barometer to bring about a level of competence and understanding to internal staff who are responsible for addressing the issues and communicating with investors, but who do not have time themselves to become experts in the area."