Reuters – Bluecrest and Winton, two of Europe’s biggest hedge fund firms, have signed up to industry body the Hedge Fund Standards Board HFSB.L, giving a boost to the sector’s efforts to fend off tough regulation and meet investor demands.
The two firms, which both run large computer-driven or “black box” funds that latch onto trends in global futures markets, will sign up to the HFSB’s code on issues such as valuation and risk management, which supporters hope will eventually become a global industry standard.
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