Hedge Fund Group Issues New Guidelines

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.


In Depth

Steinbrugge: Will Hedge Funds Help or Hurt During the Next Market Correction?

Sep 7 2016 | 11:55pm ET

Most investors have become accustomed to quick rebounds when markets correct, but...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...