Tag Archives: disclosure


Hedge funds and private equity groups fear the Tories will not fight new European legislation on disclosure

TimesOnline – Hedge funds and private equity groups are deeply anxious that a wave of proposed European legislation on disclosure could push them out of business, with little resistance from the Tories. Hedge funds and private equity firms are desperate […]

Transparency the key word among hedge fund heads

Canada.com – Holding a hedge fund conference at a casino may not be the best optics for an industry that was cast as one of the free-wheeling gamblers of the financial crisis, but players in the fledgling Canadian sector meeting […]

Porsche offices raided in share probe

First Post – German prosecutors are investigating executives at the sportscar firm over allegations of share-manipulation. Porsche denied any disclosure irregularities but many hedge funds and investment management firms were left wrong-footed after it made a shock announcement that it […]

EU laws seen driving hedge funds from UK

Reuters UK – Some hedge funds will leave the UK if draft new European law is not changed, said one manager present at a meeting this week with the Treasury, in which the industry expressed grave doubts about the rules. […]

Hermes wants more fund transparency

Reuters UK – Pension fund manager Hermes has called for a shake-up of the hedge fund industry, demanding greater transparency and fee structures closer aligned to performance. The asset manager, which runs BT’s giant pension fund, said it wanted to […]

Hedge body backs formal disclosure to regulators

MSN UK News – A hedge fund body has thrown its weight behind regular disclosure of large holdings and risks to regulators, as calls grow for greater scrutiny of the industry. The Alternative Investment Management Association (AIMA), said on Tuesday […]

Hedge Fund Group Proposes Rules to Avert Intervention

Bloomberg – A group of hedge funds offered to increase disclosure to head off demands from politicians on at least two continents for more transparency. “We know which way the wind is blowing,” said Andrew Baker, chief executive of London-based […]

Hedge Fund Bill Won’t Publicize Clients

Investment Consultant – Reports that U.S. Sens. Carl Levin’s and Charles Grassley’s new bill on hedge fund regulation will force funds to publicize the names of clients are untrue, the senators said. "Contrary to some press reports, the Grassley-Levin bill […]

Paulson Fund Makes at Least $420 Million Shorting RBS

Bloomberg – Paulson & Co., the hedge fund run by billionaire John Paulson, made at least 295 million pounds ($420 million) since September by short selling Royal Bank of Scotland Group Plc. Paulson held a short position of 0.87 percent […]

Dreier Claims His Son Was Promised Property, Prosecutors Say

Bloomberg - Marc Dreier, the New York lawyer accused of cheating hedge funds, said he told his 19-year-old son he could have properties worth $12.5 million after the teenager agreed to spend the summer with him, prosecutors said. Assistant U.S. Attorney […]

Hedge funds prove slow to adopt best-practice valuation

Wealth Bulletin- In January, 14 of the UK’s largest hedge funds, including Man Group, Brevan Howard and Gartmore, backed the Hedge Fund Working Group’s best-practice standards. These aim to improve governance and disclosure and to promote transparent and independent valuation. […]

Hedge funds reject voluntary code

Wealth Bulletin- A spokesman for the HFWG confirmed last week that the guidelines, which were aimed at raising governance levels across the traditionally secretive industry, have found no support beyond the original 14 signatories – including Man Group, Brevan Howard, […]

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