Rising Costs of Prime Brokers Will Affect Hedge Fund Financing

Strategic 4

By Radi Khasawneh of TABB Group   Prime brokerage, the last bastion of resistance to wholesale transparency and efficiency in the equity markets, is being dragged into the light. New capital and leverage ratios to be introduced by the Basel Committee for Banking Standards will penalize prime brokers whose securities financing operations will now be […] Read more »

Big Changes For Hedge Funds In Management Of Counterparties & Collateral Seen By Citi

By Citi Investor Services   This article gives the key findings from Part 2 of  “The 2014 Citi Investor Services 5th Annual Industry Evolution Report”.   The factors driving change in the hedge fund industry are shifting. For the five years since the Global Financial Crisis, major industry evolution occurred primarily in response to a […] Read more »

FACTA and AIFMD Constraining Smaller Hedge Fund Manager Growth

By Peter Douglas, GFIA We recently were asked to source a shortlist of established, differentiated, Asian boutique hedge funds, for a distribution company. The deal between the distribution company and the funds, if concluded, would be that the distribution company would make introductions to European institutions, in return for a fee share. We anticipated that […] Read more »

Concerns for Managers in the Build-up to AIFMD

By Roger Ganpatsingh, Director, Throgmorton   The 22nd July looms large in the eyes of the hedge fund community with implementation of the Alternative Investment Fund Managers’ Directive (AIFMD) almost upon us.  With the drop-dead- date less than two months away, large swathes of the Directive’s requirements and consequences remain clouded by the mists of […] Read more »