Operational Risk

SA rules forcing hedge funds to record and archive cell phone conversations to increase cost burdens

Financial Services Authority (FSA) regulations forcing financial institutions including non-

Posted on: 01 Mar, 2011

Managers risk shoehorning illiquid investment strategies into Ucits format, says COO

Shoehorning illiquid investment strategies into Ucits wrappers could cause irreparable damage to the Ucits brand and hurt end investors in the event of liquidity drying up.

Posted on: 23 Feb, 2011

LCH Clearnet to launch IRS clearing for non-banks

LCH Clearnet is to launch clearing through its SwapClear Futures Commission Merchant (FCM) for non-bank users including asset managers who utilise interest rate swaps.

The service will come into being on March 8, 2011.

Posted on: 22 Feb, 2011

Altegris launches clearing business for managed futures industry

Altegris has unveiled a dedicated clearing business, which will provide clients with access to clearing and execution services across multiple merchants in the managed futures industry.

Posted on: 10 Feb, 2011
Posted in: Operational Risk

Hedge fund directors should sit on fewer boards and be paid more, according to industry experts

Capping the number of hedge fund boards directors can sit on while simultaneously increasing their remuneration could significantly improve corporate governance standards in the alternatives space, according to industry experts.

Posted on: 10 Feb, 2011

Fund managers anticipate greater outsourcing to streamline costs, says report

Many fund managers anticipate low returns on their equity products in 2011 – something they predict could lead to an increase in outsourcing, according to a survey by RBC Dexia and Accenture.

Posted on: 07 Feb, 2011

Proposals on CCPs in MiFID consultation could hurt hedge funds

European regulators face a backlash from hedge funds following proposals to ban central counterparty clearing house (CCP) –eligible trades that CCPs refuse to process.

Posted on: 03 Feb, 2011

Hedge fund managers show disapproval towards EU short-selling proposals

Hedge fund managers have expressed their disdain for the European Union’s (EU) proposed short-selling disclosure requirements.

Posted on: 01 Feb, 2011

Laven Partners launches Redflag database for professional investors

Laven Partners announced today the official launch of the Redflag Database, a unique research database for professional investors covering hedge funds and fund of hedge funds currently representing more than US$ 150 billion in assets under managem

Posted on: 31 Jan, 2011

Communication solution to help set and maintain collateral for OTC derivatives transactions unveiled

The Depository Trust & Clearing Corporation (DTCC), MarkitSERV and AcadiaSoft are working together to deliver a joint solution for improving communication regarding the setting and maintaining of the collateral required between counterparties

Posted on: 28 Jan, 2011

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