Operational Risk

Boutique managed accounts platforms could suffer in light of AlphaMetrix

Institutional managed accounts platforms such as those backed by investment banks or large-scale asset managers are likely to see a surge in interest from allocators at the expense of boutique providers following the on-going events at AlphaMetrix

Posted on: 07 Nov, 2013
Posted in: Operational Risk

AlphaMetrix highlights counterparty and asset safety risk in managed accounts platforms

The main selling points for managed accounts since the acute phase of the financial crisis in 2008 introduced investors to gates and other inhibitions are transparency, liquidity, high levels of governance and diminished co-investor risk. 

Posted on: 28 Oct, 2013
Posted in: Operational Risk

CCPs are an unnecessary addition to systemic risk, says Manmohan Singh

Manmohan Singh of the International Monetary Fund has done more than any other public official to improve understanding of the role played by so-called shadow banking  - of which prime broker-intermediated financing of hedge funds is the classic i

Posted on: 21 Oct, 2013
Posted in: Operational Risk

COOs deliver a message to portfolio managers

If SunGard commissions the Aite Group to survey hedge fund managers, we can be confident that the technology and outsourcing vendor will be delighted if the respondents say they are going to increase their technology expenditure and outsource more

Posted on: 23 Sep, 2013
Posted in: Operational Risk

PAAMCO urges greater focus on hedge fund expenses

Investors should be increasingly diligent when reviewing hedge fund expenses, while managers ought to be more specific about what they intend to charge to the fund in offering memoranda, says PAAMCO, the $8.7 billion emerging manager focused fund

Posted on: 06 Aug, 2013
Posted in: Operational Risk

New asset protection rules proposed for the United Kingdom

Consultation paper CP 13/5, published by the Financial Conduct Authority (FCA) on Friday, sports the unenticing title of Review of the client assets regime for investment business.

Posted on: 22 Jul, 2013
Posted in: Operational Risk

The cost of clearing and collateralising swaps is an effective deterrent to using them

The management of collateral was never a high priority for fund managers.

Posted on: 01 Jul, 2013
Posted in: Operational Risk

Family office operational due diligence found wanting, warns consultant

Family office operational due diligence is substandard despite these investors having the highest return expectations at hedge funds, a consultancy has warned.

Posted on: 03 Jun, 2013
Posted in: Operational Risk

HKMex is cause for concern, not congratulation

The regulatory enthusiasm for central counterparty clearing houses (CCPs) is unbounded.

Posted on: 28 May, 2013
Posted in: Operational Risk

Hedge funds advised to ask Bloomberg on potential data privacy breaches

Hedge funds have been advised to seek reassurance from Bloomberg that they have not been subject to any data privacy breaches in light of revelations that the company’s journalists had inappropriate access to terminal data.

Posted on: 22 May, 2013
Posted in: Operational Risk

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