Cayman court will still expect non-executive directors to challenge contentious issues at board meetings - MSIL case is not statement of best practice on the duty to exercise independent judgment
Service providers play a vital role for hedge funds facing regulatory and market changes. Voting in the 2013 rankings reveal the companies that have garnered the confidence of the industry
The SEC’s practice of fining financial institutions for wrongdoing while not seeking an admission or denial of guilt is regularly criticised as not being a strong enough deterrent for rogue behaviour....
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
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Hedge Funds Review Service Provider Rankings cover a wide range of services including prime brokerage, fund administration and accountancy. They give an insight into what managers and investors value
Davis Polk & Wardwell's transactional work during 2012 - when it advised on 2,100 offerings, worth $32 billion, or an average of 40 per week - would have been impressive in any year. But as the firm's clients will tell you, 2012 was not any year. When...
Derivative claims are a way for fund investors to sue a fund’s manager. A recent English court decision highlights the contrast between limited partnership derivative claims in England and in Cayman
Hedge funds, funds of hedge funds and investors into the industry have expressed their preferences for a range of service providers including prime services, administration, legal and many others.
An arbitration panel set up to tackle derivatives disputes could also tackle eurozone debt crisis issues, says Jeffrey Golden, architect of the Isda master agreement
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.