Operational Risk

GAIM Monaco 2012: Germany will bail out embattled eurozone states, hedge fund managers claim

Germany will ultimately be forced to rescue Greece and Spain enabling them to remain in the eurozone, hedge fund managers have told delegates at GAIM Monaco 2012.

Posted on: 19 Jun, 2012

Standalone fund admins will struggle to find depositary partners, warns BNP Paribas

Standalone fund administrators without banking licenses could struggle to find depositary partners as AIFMD edges ever closer, a senior executive at BNP Paribas Securities Services has warned.

Posted on: 19 Jun, 2012

Liberalisation expected on AIFMD's third country inter-governmental cooperation requirements

Industry sources are hopeful the European Commission (EC) will drop some of the stringent wording around third country inter-governmental cooperation agreements although depositary liability provisions are likely to remain unchanged.

Posted on: 12 Jun, 2012

Funds of funds continue to stutter, says S&P Capital IQ

More than 90% of funds of hedge funds would be “ungradable” if their performance had been measured against absolute as opposed to relative return targets, S&P Capital IQ Fund Research, a data provider, has said.

Posted on: 06 Jun, 2012

Interest jumps in CTA and macro managers, according to Citi Prime Finance survey

Investor interest in liquid commodity trading advisors (CTAs) and currency-focused macro hedge funds has accelerated since 2008, according to a survey by Citi Prime Finance.

Posted on: 06 Jun, 2012

Hedge funds pressured on VaR in light of J.P Morgan debacle

Investors are increasingly pushing hedge funds to adopt more rigorous approaches to stress-testing in light of VaR’s (Value at Risk) failure to prevent the $2 billion trading losses incurred at J.P Morgan’s Chief Investment Office (CIO).

Posted on: 30 May, 2012

Smaller funds most at risk if mid-tier PBs ditch clearing businesses

Smaller buy-side firms trading swaps could potentially be shut out of OTC markets as a growing number of prime brokers increasingly question the risk-reward ratio of acting as clearing members, it has been warned.

Posted on: 30 May, 2012

Six Month Review: The Year so Far for Hedge Funds

Mayan literature prophesised 2012 would be the apocalypse and for most Greeks, Spaniards, Italians and Portuguese, it probably will.

Posted on: 28 May, 2012

Managers still struggling with FATCA, says Advent exec

The clock is ticking but managers still remain perilously behind the curve with their FATCA preparations, according to a senior exec at Advent Software, speaking at the company’s annual client conference in Monte Carlo.

Posted on: 23 May, 2012

Hedge funds warned on investor risk as eurozone crisis continues

Hedge fund managers must factor investor risk into their preparations for one or all of the PIIGS (Portugal, Italy, Ireland, Greece, Spain) exiting the eurozone.

Posted on: 22 May, 2012


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