Hedge Funds Review - November 2014

Articles in this issue
AIFMD: marketing caution urged for US managers
Reverse solicitation to be judged on a case-by-case basis
Listed single-manager hedge fund performance offers solace
Managers with requisite scale have beaten S&P 500 since 2007
Global trade reporting ‘a mess', Sibos delegates told
But FSB aims to overcome data aggregation issues
Primes preparing for 'worst case' AIFMD asset segregation
Esma board conducting stress tests before making a decision
Tax changes and court judgements take shine off LLPs
Hedge funds alert to new risks of limited liability partnerships
Beta often is a "meaningless concept"
When correlation is low, hedge fund investors are "simply wrong" to use beta
Large hedge funds highly exposed to asset-backed securities
Biggest funds also exposed to US junk corporate debt
Call for position-level data to monitor hedge fund risk
Academics echo Bank of England complaints over incomplete data
Strong dollar warning for emerging markets
Investor warn of low forex reserves to short-term external debt ratio
Hedge Funds Review’s 13th Annual FoHF shortlist announced
Winners announced on the night of November 20
Citadel prepares for swap market-making role
Hedge fund builds on equities and options operations
T+2 settlement cycle transition in Europe runs smooth
US move from T+3 to T+2 next in sights, says DTCC
Hedge fund hunger perceived for geopolitical data
Real time and raw data in demand to assess geopolitical risk
Esma discusses AIFMD prime segregation today
Technical committee to recommend position to board
BIS transparency bill criticised for impact on Caymans
Lawyer says bill will not cut tax avoidance, only harm investment
AIFMD: hedge funds reported to be struggling with reporting
Reporting impacts NAVs, may cause capital-raising challenges