No Hedge Funds Sign Up For Voluntary Standards

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.

RELATED STORIES

Hedge Fund Group Proposes Tighter Standards, Voluntary Watchdog


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...