Wednesday, 27 August 2014
Last updated 47 min ago
Sep 26 2007 | 7:39am ET
Two advisory committees—one representing investors and the other hedge funds and asset managers—are set to make recommendations on proposed “best practices” and disclosure guidelines by the end of year, the U.S. Treasury Department said yesterday.
The two groups, one headed by Russell Read of the California Public Employees’ Retirement System and the other by Eton Park Capital Management’s Eric Mindich, are considering principles established by the President’s Working Group on Financial Markets. The Treasury expects to issue plans for a new hedge fund regulatory regime early next year.
Read’s group, which includes representatives of the AFL-CIO and the Washington State Investment Board, is to focus on what information hedge funds should disclose to potential investors. Mindich’s group is concentrating on best practices for information, valuation and risk management systems.
“The goal is to bring the principles to light,” Treasury Undersecretary Robert Steel said. The Treasury Dept. noted in a statement, “The committees represent a milestone toward a more competitive U.S. marketplace with the world’s highest standards for protecting investors and safeguarding against systemic risks.”
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…
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 ...