BlueCrest, Winton Sign Up For Voluntary Hedge Fund Code

Feb 11 2010 | 2:51pm ET

With debate raging over proposed European Union hedge fund regulation, two of the continent’s biggest hedge funds have joined its most prominent self-regulatory organization.

BlueCrest Capital Management and Winton Capital Management have agreed to abide by the Hedge Fund Standards Board’s voluntary code of conduct. The two firms, both based in London, have also joined the HFSB’s Founders’ Council, which advises its board of directors.

That board of directors is also more robust, with the addition to two major hedge fund investors, New Holland Capital and Future Fund Australia.

“These developments mark a significant step up in the international support for the standards from both investors and managers,” HSFB Chairman Antonio Borges said.

The HFSB was set up two years ago to codify best practices on disclosure, governance, risk and shareholder conduct. The group now counts firms that manage some 60% of the European hedge fund industry’s $350 billion in assets as members.

BlueCrest and Winton are both high-profile “black box” firms that use quantitative trend-following systems to invest in global futures. The former has $18 billion in assets, and the latter $12 billion.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of