Challenges abound for hedge funds struggling to implement better corporate governance

Hedge funds move to strengthen corporate governance foundations

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Faced with impending regulation and a tough capital-raising environment, good corporate governance has never been so important for hedge fund managers.

Although corporate governance is not always driven by regulation and many managers were demonstrating good practices before the financial crisis, the issue has shot to the top of the agenda.

Managers are increasingly being asked to prove that their businesses are built on solid ground. Investors need to be comfortable that the only risks they are t

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