The changing regulatory environment is the most significant factor driving the growing importance of operational due diligence (ODD) among hedge fund investors, according to a survey by Deutsche Bank's hedge fund consulting group.
Almost 75% of those surveyed rank a fund's compliance and regulatory framework as the top priority for 2013.
Investors are placing greater emphasis on the depth and breadth of their ODD team, with 80% of respondents saying they have a dedicated team. On average investo
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