Monday, 30 November 2015
Last updated 3 min ago
Jun 9 2008 | 12:24pm ET
If the hedge fund industry sets up a voluntary compliance regime, and no one voluntarily complies, does is make a sound?
In the nearly five months since the Hedge Fund Working Group, which includes both British and American hedge fund shops, issued its final report with tougher compliance standard for hedge fund, no hedge fund firm has signed on. That leaves just the 14 members of the HFWG as signatories to the protocol.
The HFWG, which included the Brevan Howard Asset Management, CQS, GLG Partners, Man Group, Och-Ziff Capital Management and RAB Capital, and was led by former Bank of England Governor Andrew Large, is in talks with a number of groups about adopting the standard, the Independent newspaper reports.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…