By Evan Judd, Director of Bell Rock Group Side pockets are a useful portfolio management tool that have been around for a number of years, and offer measurable benefits to both investors and hedge fund managers. However, there are also some notable drawbacks as well as possibility for abuse that demand recognition before considering its […] Read more »
Implications of the New FINRA Registration Requirement for Algorithmic Traders
By by Brian T. Daly, Julian Rainero, David S. Sieradzki, William J. Barbera and Derek N. Lacarrubba of Schulte Roth & Zabel LLP On April 7, 2016, the Securities and Exchange Commission approved the Financial Industry Regulatory Authority’s proposed amendments[1] to NASD rule 1032 (Categories of Representative Registration).[2] These amendments will require FINRA members […] Read more »
Cayman’s Share of World Hedge Funds Shrinks, Particularly For New Funds
By Hedge Fund Insight staff Recent data releases from Eurekahedge show the increasing significance of onshore hedge funds, and the consequent relative decline of hedge funds registered offshore. Year by year Cayman Islands registered hedge funds took less share of the domiciles of funds launched. This trend accelerated post 2008 to the extent that […] Read more »
Regulation Missing the Mark? Survey from Northern Trust
From Northern Trust Hedge Fund Services In the wake of the 2008-2009 global financial crisis, governments around the world raced to put regulations in place to protect investors and reduce the likelihood of a future crisis. The result was a flood of new regulation on a scale not seen since the Great Depression and […] Read more »
Portcullis Asset Management launches in Malta as third-party AIFM
By Hedge Fund Insight staff Portcullis Asset Management Limited (“Portcullis”), licensed by the Malta Financial Services Authority (“MFSA”), today announces it is launching as a Malta based Alternative Investment Fund Manager (“AIFM”) to assist alternative investment funds to comply with the Alternative Investment Fund Management Directive (“AIFMD”). As a regulated AIFM, Portcullis will assume […] Read more »
SEC Proposes Disclosure of Use of Social Media by HF Firms and Individuals
By Michelle Jones, Senior Editor at ValueWalk As social media rises in popularity, much of Wall Street, including Hedge Funds and registered investment advisors (RIAs), is turning to Twitter Inc, Facebook Inc and other social networks to share information. Unfortunately most people view social media as very casual in nature, but regulators don’t see […] Read more »
Four Questions For Hedge Fund COOs
By Chris DeNigris, Global Marketing Manager, Backstop Solutions Group Determine If Your Fund Has the Right Infrastructure in Place to Achieve Operational Efficiency Twenty-seven percent of managers have plans for a new launch this year, according to Preqin’s 2015 Global Hedge Fund Report. Whether those managers are launching a new fund or a […] Read more »
SEC Puts Managed Accounts On Its Agenda
By The Regulatory Fundamentals Group Giving an important speech on Thursday, SEC Chair White outlined a potential major overhaul of the way the SEC intends to regulate risks at investment advisers. She said the program addresses the SEC’s “historic” mission as well as systemic risk. Noting close cooperation between the SEC and the FSOC, […] Read more »
UCITS Hedge Funds – Graphics of the Day
From Eurekahedge UCITS hedge funds have maintained a strong pattern of growth in 2014, with the industry delivering modest returns and also attracting plenty of new capital from investors. Currently the size of the industry stands at a record high of US$275.2 billion, overseen by a population of 1,016 funds. The onset of the Eurozone […] Read more »
Today’s Top 5 Compliance Issues For Hedge Funds
By Martin Herriot, Managing Director at Newgate Compliance It has been a challenging few years for the European hedge fund industry following the financial crisis and the European regulators attempts to revolutionise the regulatory regime for supervising the industry. From a UK compliance perspective we see the top issues falling under two headings – […] Read more »