Saturday, 27 December 2014
Last updated 3 days ago
Oct 22 2008 | 12:23pm ET
With capital adequacy a life-and-death issue for hedge funds in the current market crisis, one industry association is offering a hand.
The Alternative Investment Management Association, the chief lobbyist for hedge funds in the U.K., is not offering a capital infusion, but instead has updated its guidance on how to implement internal capital adequacy assessments.
“The hedge fund industry has embraced the capital adequacy debate proactively and the sophisticated risk management techniques undertaken by hedge funds make this framework possible,” Andrew Baker, deputy CEO of AIMA, said.
The revision to the original guidance promulgated last July is designed to reflect the new world faced by hedge funds following the financial catastrophe that has frozen credit markets, plunged equities markets into wild volatility and claimed several major Wall Street and British financial services firms. It includes examples of capital-adequacy assessments put in place by other companies.
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.