Careless talk costs deals while insider cases force caution

A spate of investigations into alleged insider dealing cases on both sides of the Atlantic has thrust the question of information sharing into the spotlight.

Hedge fund managers need to consider whether they are able to discuss investments between themselves without breaking any rules and at the same time remain faithful to investors. Falling foul of the regulations, wherever a manager is based, can prove costly. Claims going to court are expensive to defend. The ensuing media coverage, even if