Asset managers risk enormous operational risks because of their continuing dependence on legacy technology systems, according to Advent Software.
Government agencies have warned hedge funds at GAIM Ops Cayman that enforcement of the Foreign Corrupt Practices Act (FCPA) will be a priority for 2014.
Here is the fourth and penultimate instalment of COOConnect’s five part series summarising the key events to impact the hedge fund industry in 2013.
FCA gets tough on fees
Inevitably, most industry coverage has in the last week focused on the developments at SAC Capital.
2013 was always going to be a busy year for hedge fund chief operating officers (COOs).
Institutional investors are likely to heighten their already rigorous operational due diligence and analysis on hedge funds’ compliance policies in light of the SAC Capital indictment, a lawyer from Seward & Kissel has warned.
The on-going soap opera that is SAC Capital shows no sign of abating.
Here are the biggest hedge fund news stories for the week ending July 26.
Here are the top hedge fund news stories for the week ending 12 July.
A panel discussion held in the Cayman Islands earlier this year on the topic of insider trading was telling.