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Ernst & Young survey hedge funds moving swiftly for investors demand

Monday, November 9, 2009 : Permalink

Channel News Asia – A survey by accounting firm Ernst & Young has found that the global downturn is forcing hedge fund managers to respond swiftly to investors’ demands.

The survey of 100 of the world’s largest hedge funds notes that there have been significant changes to the governance, fund administration and investor reporting.

Among the changes, 40 per cent of those surveyed have changed their liquidity terms while 38 per cent changed their investor reporting.

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