Sunday, 28 December 2014
Last updated 31 min ago
Nov 6 2007 | 8:13am ET
As part of its effort to “get ahead of the curve,” a major hedge fund group has issued a new set of best practices guidelines for the industry.
The Managed Funds Association, updating its guidelines for the first time in two years, calls on hedge funds to set up valuation committees and utilize outside valuation experts to ensure proper, independent valuing of hedge fund assets. In addition, it suggests that hedge funds provide audited annual financial results to investors, as well as demanding monthly reports from counterparties in derivatives transactions.
The MFA has also issued a set of sample questions for prospective investors to use when investigating hedge funds.
To download a PDF of the guidelines, visit the MFA’s Web site.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.