Monday, 24 November 2014
Last updated 26 min ago
Dec 10 2010 | 12:19am ET
Like their peers in the U.S. and Europe, Australian hedge funds are going to have to open up to regulators under new disclosure rules set to be introduced next year.
The Australian Securities and Investments Commission will impose strict new reporting requirements, the Australian Financial Review reports. Hedge funds will have to provide information about offshore holdings and other investments in jurisdictions less highly-regulated than Australia.
The regulator will promulgate the next disclosure rules next year. ASIC is also planning a guide for investors considering hedge funds.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...