PracticeAccounting FirmsInvestors prefer hedge funds with standards

Investors prefer hedge funds with standards

A KPMG survey shows investors are strongly in favour of hedge funds complying with industry standards

A KPMG survey into
investor perspectives of the standards outlined by the
hedge fund working group (HFWG) has found
that, when making investment allocations, eight out of 10 pension funds prefer a
hedge fund manager who has complied with the industry best practice standards.

The survey also revealed more than half of the pension funds surveyed would
require hedge fund managers to comply with the standards within three years,
Director of Finance online reports.

Valuation, followed by risk management and then disclosure, were cited by
respondents as the most important issues addressed by the standards.

Tom Brown, European head of the KPMG investment management and funds
practice, said the results provided a compelling case for managers to sign up to
the standards, particularly if they were expecting to attract institutional
money.

Further reading:

Read
the story in Director of Finance online

Related Articles

Johnston Carmichael CEO appointed as ICAS president

Accounting Firms Johnston Carmichael CEO appointed as ICAS president

3w Emma Smith, Managing Editor
British Accountancy Awards 2018 – entries open!

Accounting Firms British Accountancy Awards 2018 – entries open!

1m Emma Smith, Managing Editor
Is the accountancy sector facing an international talent crisis?

Accounting Firms Is the accountancy sector facing an international talent crisis?

1m Lewis Silkin
RSM appoints new Chief Operating Officer

Accounting Firms RSM appoints new Chief Operating Officer

1m Alia Shoaib, Reporter
RSM announces 11 partner promotions

Accounting Firms RSM announces 11 partner promotions

2m Emma Smith, Managing Editor
BDO hires former AstraZeneca creative director as head of digital and innovation

Accounting Firms BDO hires former AstraZeneca creative director as head of digital and innovation

2m Emma Smith, Managing Editor
What does the future hold for listed accountancy firms?

Accounting Firms What does the future hold for listed accountancy firms?

2m Fergus Payne, Lewis Silkin
EY, Deloitte lead Big Four in gender pay gap reporting

Accounting Firms EY, Deloitte lead Big Four in gender pay gap reporting

2m Emma Smith, Managing Editor