London – 26 August 2010: The Alternative Investment Management Association (AIMA) – the global hedge fund industry association – is to engage with U.S. policymakers and supervisors over the implementation of the Dodd-Frank Act.

 

AIMA has set out several key areas of focus ahead of September meetings with U.S. policymakers and supervisors regarding the Dodd-Frank Act. These include the registration of hedge fund managers and the reporting of systemically relevant data in the interests of a broader financial stability assessment; how smaller managers may be impacted by the legislation; OTC derivatives; the revised ‘Volcker Rule’; potential tax issues; and the goal of global regulatory consistency. (more…)

The Alternative Investment Management Association (AIMA) – the global hedge fund industry association – has urged European Union policymakers to push ahead with reforms of over-the-counter (OTC) derivatives, saying that the benefits will outweigh increased costs. (more…)

Old news again: hedge funds have found themselves squarely in the sights of European regulators!

 The European Commission is held a pair of meetings today to determine whether new rules are required to govern the credit-default swaps market, and were particularly interested in what hedge funds were doing with CDS

Hedge funds are still outperforming stocks in the early going of 2010: The Hennessee Index is up 0.6%; the S&P 500 is down the same amount.

I Am The Caveman, I Am The Caveman, I Am The Walrus

With apologies to the greatest band ever (The Beatles, of course), I punned the above title to remind all of us how we share the commonality of our ancestors and how this all comes back to that source of “frozen desire” as coined by James Buchan, ie MONEY. (more…)

Karsch Capital Management is planning its bond market debut with a distressed hedge fund set to go live next quarter.

Karsch Capital, a long-short equity specialist, began in 2000. Credit market veteran Jame Donath, hired in November as portfolio manager, said distressed is in an uptrend, with market liquidity rising in the past year.

More than 200 Ucits III compliant hedge funds are now trading with assets under management (AUM) totalling over £35 billion