Compliance on the buy side might reward the early adopters while penalizing firms that fall afoul of industry best practices and institutional investors' expectations.
As recent reverses amply demonstrate, risks beyond investment risk can cause even the most sophisticated hedge funds to take a battering. Navroz Patel finds out about leading managers' greatest fears, and how they are tackling thorny issues such as valuation...
Inconsistent pricing across traditionally segmented markets has been greatly reduced in recent years. Much of this improved market efficiency is due to the efforts of hedge funds. David Rowe argues, however, that the very success of these funds may be...
Hedge fund index provider Credit Suisse First Boston Tremont Index has launched 10 new investable hedge fund indexes, collectively called the CSFB/Tremont sector invest indexes, in response to “widespread investor demand”, the company said in a statement.
The focus of this second article on the operational risks associated with hedge funds is the critical need for appropriate operational due diligence.
Banks and energy companies alike are sceptical about the role that hedge fundsplay in energy markets. Are they really an aid to market stability, or is theirpresence compounding market volatility? Paul Lyon reports
The rapid growth of fixed-income hedge funds has resulted in increased interest in identifying relative-value trade opportunities. Here, the author presents a consistent framework for finding value within interest rate options markets.
Hedge funds will no doubt start 2004 where they left off in 2003 - as the investment vehicles of choice for private and institutional investors looking for the best opportunities for decent returns.
Past performance is no guarantee of future returns. RiskMetrics' John Matwey says more and more investors will therefore inevitably demand third-party reporting of risk positions taken by hedge funds.
SG is looking to dispel some of the myths surrounding the dangers of hedge funds with the launch of its first hedge fund product aimed at Hong Kong’s retail investors.
After months of dialogue with hedge funds, funds of funds and prime brokers, the SEC released its much anticipated report on the hedge funds industry. But its recommendations have met with widespread scepticism.
The SEC could not stamp out fraud even if regulation of advisers comes to pass, according to industry experts.
On Thursday August 14 this year, the lights went out across the northeast US and the Canadian province of Ontario, in the worst ever power failure in North American history.
When high-profile blow-ups hit the headlines, calls for greater transparency come to the fore. By Peter Davies, vice-chairman, RiskMetrics Group
US bulge-bracket firms are starting to address a number of complex compliance and ethical business issues in the wake of the Sarbanes-Oxley Act of 2002 by investing in technology to monitor their employees' conduct.
Barry Schachter discovers that the path towards a workable structure for hedge fund quantitative risk disclosure is very narrow. Bad news for the post-LTCM lobbyists