Risk USA 2003: Schachter hits out at hedge fund disclosure

Barry Schachter, head of risk management at US hedge fund Sac Capital Advisors, believes quantitative hedge fund information disclosure to investors is relatively meaningless, and that they would be better served by disclosures about the risk management function at unregulated funds.

Speaking during the plenary session at Risk magazine’s ninth annual Risk USA conference in Boston today, Schachter said even position-level information is inadequate to serve investor needs, as the information is often irrelevant without the investor knowing the fund’s strategy. Schachter added that even if a hedge fund divulged both position-level data and its strategy – a highly unlikely situation as it would raise concerns that investors could reverse engineer the fund – it would still ignore

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here