Hedge fund investors to demand more data
Thursday, July 2, 2009 : PermalinkReuters – Many hedge fund investors burned by last year’s market meltdown will likely demand a system of checks and balances in which outsiders keep a closer watch over assets, data released on Wednesday show.
Pension funds, endowments and wealthy investors that have long funneled money into loosely regulated hedge funds will want to see more data detailing how their investments are valued and priced, researchers at State Street Corp found.
Tags: assets, checks and balances, endowments, fund investors, hedge fund, hedge funds, investments, market-meltdown, money, outsiders, pension-funds, reuters, s-market, state street corp, system of checks and balances, wealthy-investors
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