Hedge Funds Review - May 2015

Articles in this issue
BlueCrest: fixed-income market structure faces uncertain future
COO in interview cites equity-like evolution and regulation squeezing liquidity
Lyxor: index funds may have weakened corporate governance
Rise of passive investment leaves a vacuum to be filled by hedge fund activists
Combine market, credit and liquidity risk simultaneously
Separate treatments can lead to underestimation of total risk
Third-party admin adoption all but complete for hedge funds
Segmentation expected between providers serving large versus emerging managers
K2 addresses Ucits liquidity with manager portfolio data
Three levels of corporate oversight deployed over positions
ETF and mutual fund liquidity present risks to investors
IMF argues redemption policy regulation should address illiquid assets
European Repo Council chair threatens to call in EC over settlement times
De Vidts’ impartiality questioned due to dual Clearstream role
EU SFT rules on collateral consent create legal conundrums
Reuse, title transfer, reporting and derivatives in scope scrutinised
Banks to be prohibited from hedge fund investments
But close-ended, unleveraged or Ucits fund may provide an exception
Winton sees problems with big data analytics
Social media and live newsfeeds not so far useful, hedge fund says
Could a top prime exit the market altogether?
Credit Suisse seen as vulnerable as it cuts leverage in investment banking