Voluntary Code Wins Five New Adherents

May 6 2010 | 1:06pm ET

New hedge fund regulations in Europe and the U.S. appear to be just around the corner, but five firms are signing up to a voluntary set of best-practices standards, anyway.

Amber Capital, Aspect Capital, Henderson Global Investors, Krom River Investment Management and North Asset Management have committed to the Hedge Fund Standards Board’s code of conduct. The new signatories bring to 58 the number of firms that have agreed to the standards.

“We are very pleased to welcome these latest signatories,” Antonio Borges, head of the HFSB, said. “The growing commitment to the HFSB process from well-established houses, small managers and start-up firms demonstrates the broad industry support for our standards, which are increasingly accepted as a benchmark by investors.”

The HFSB code includes tougher standards for asset valuation, third-party valuation, a Chinese Wall between valuation and portfolio management, disclosure, governance, risk and shareholder conduct.


In Depth

Q&A: Open Season For Closed-End Funds

Aug 29 2014 | 10:00am ET

When Maury Fertig and Bob Huffman, former Salomon Brothers coworkers, launched...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.