Monday, 20 October 2014
Last updated 13 min ago
Oct 25 2010 | 2:02am ET
Despite the recent deal on European Union hedge fund regulation and a growing consensus among G-20 countries about transparency in the alternative investments space, Europe's central banks may still go wanting when it comes to information about hedge funds.
Jürgen Stark, a member of the European Central Bank's board, warned that Europe's regulators may have to make do with less information than they need.
"International initiatives, for example under the auspices of the G-20, are very welcome but are likely to find solutions only in the long term," he said at a conference last week. "We… have to accept that we will not be in a position to measure everything we would like to measure."
In particular, Stark cited securitizations as being problematic.
A major part of the EU's new alternative investments directive, expected to be passed by the European Parliament next month, are strict new reporting and custody requirements for hedge funds.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...