Mon, Nov 18, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Compliance concerns drive more hedge fund business decisions

Tuesday, August 16, 2016

Bailey McCann, Opalesque New York:

Compliance concerns are driving more business decisions at hedge funds than ever before, according to the results of a survey done by Cipperman Compliance Services and hosted by Opalesque. Survey findings suggest that hedge fund managers overwhelmingly expect increases in compliance spending to continue over the next two years.

Eighty-one percent of hedge fund managers anticipate spending more on their compliance function over the next two years. Additionally, 71 percent said their greatest concern is "staying current on regulatory challenges."

The survey was conducted through Opalesque during the months of June and July. The results include 71 leaders in the investment management industry, including 21 hedge fund professionals.

"As we’ve seen in other areas of investment management, hedge fund professionals are now fully aware of the need for a robust compliance program and investors are more closely attuned to regulatory demands," said Todd Cipperman, founding principal of Cipperman Compliance Services. "We stress to clients that it can be damaging to take firm risk and not think through your manager’s compliance approach."

91 percent said their firm’s attitude toward compliance is that it is important in attracting and retaining clients or is simply the cost of doing business. Investors also are making a strong push to understand the compliance process within a given firm, 71 percent of funds reported having ......................

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. HarbourVest raises $3bn for Co-Investment Fund V[more]

    Laxman Pai, Opalesque Asia: Boston-based HarbourVest Partners closed its latest private equity fund above the fundraising target - the $3 billion HarbourVest Partners Co-Investment Fund V was oversubscribed and above its $2.5 billion target. The fund's strategy is to create a global, diversif

  2. Opinion: Cliff Asness: It's 'time to sin'[more]

    From Institutional Investor: Timing the market can be "deceptively difficult," as quantitative investor Cliff Asness has pointed out before. But now, the AQR Capital Management co-founder believes that while factor timing is "an ugly thing," it is "about time we did some" - specifically when it com

  3. Investing: Hedge fund Whitebox places big bet on gunmaker Remington, Quant funds exit Japanese bonds in worst sell-off since 2013[more]

    Hedge fund Whitebox places big bet on gunmaker Remington From Reuters: Whitebox Advisors LLC, a credit-focused hedge fund, has been quietly capitalizing on Wall Street's ambivalence toward gun manufacturers by replacing some banks as a lender to Remington Outdoor Company. Whitebox

  4. Tech: Investors race to tech start-ups despite SoftBank stumbles, Two Sigma launches risk management software[more]

    Investors race to tech start-ups despite SoftBank stumbles From FT: Investors are planning to pour billions more dollars into later stage tech start-ups, even as Japan's SoftBank reels from a succession of faltering bets. Stephen Schwarzman's Blackstone plans to raise between $3bn and $4b

  5. Regulatory: Carried interest tax rules slated for 2020, official says[more]

    From Bloomberg: The Treasury Department is planning to issue regulations restricting how hedge fund managers can claim a valuable tax break early next year, a top Treasury official said. The regulations will likely bar money managers from using S corporations to take advantage of an exemption