Wednesday, 27 August 2014
Last updated 2 hours ago
Sep 14 2009 | 12:50pm ET
The International Organization of Securities Commissions has published a new set of standards aimed at increasing investor protection, specifically that of retail investors who are increasingly exposed to hedge funds through funds of hedge funds.
The new report, Elements of International Regulatory Standards on Funds of Hedge Funds Related Issues Based on Best Market Practices, expands on a previous report from the organization which focused on the methods by which funds of hedge funds’ managers deal with liquidity risk and the nature and the conditions of the due diligence process used by funds of hedge funds’ managers prior to and during investment. IOSCO has developed the following new proposals in these two areas:
In dealing with liquidity risk the fund of hedge funds’ manager should:
Due Diligence Processes
These should be carried out prior to any investment being entered into and on a continuous basis following the commitment. They can be divided up into the following areas:
These standards form part of a larger body of work that IOSCO has been engaged in with regards to addressing the regulatory issues presented by hedge funds.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...