Wednesday, 1 October 2014
Last updated 5 hours ago
Jan 28 2011 | 8:41am ET
Hedge fund managers are ‘rigorously’ regulated, according to the Alternative Investment Management Association, a group representing 1,200 corporate members.
“All the major jurisdictions where hedge fund managers operate—whether in North America, Europe or Asia-Pacific—have rigorous regulation of the industry. And this already rigorous regulation is being increased by new legislation introduced since the crisis—for example the Dodd-Frank Act in the United States, and the Alternative Investment Fund Managers Directive in the European Union,” said Andrew Baker, CEO, AIMA.
AIMA said it was responding to “some recent references to the ‘un-regulated’ financial sector internationally” that “have been interpreted as referring to hedge funds.”
The industry association has supported G20 regulatory initiatives for hedge funds, agreeing that all hedge fund managers should be registered by their national regulators, and that managers should report systemically relevant data to those regulators in the interests of financial stability.
“It’s also worth noting that because the G20 has declared that no financial market, participant or instrument should go un-regulated and is delivering on this promise, no major financial services sector globally can remain ‘un-regulated.’”
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...