About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Hedge Fund Standards Board Announces New Core Supporters

Subscribe to our newsletter

Aon Hewitt, the investment consultants, and two leading investment firms, Aberdeen Asset Management and Investcorp, have joined the Core Supporters group of the Hedge Fund Standards Board (HFSB).

The Core Supporters group, which includes investors, investment consultants and hedge fund managers, is made up of leading backers of the HFSB.

Dame Amelia Fawcett, Chairman of the HFSB, said: “We are very pleased to welcome Aberdeen, Investcorp and Aon Hewitt. The growing commitment to the HFSB from the investor community is particularly valuable as we embark on our international drive to build support for the Standards in the US and Asia.”

The HFSB Standards are already well-established in Europe. As part of the strategy to increase support in the US and Asia, the HFSB recently announced a consultation on amendments to the Standards to make them more international and to strengthen them in the light of the financial crisis.

Andrew McCaffery, Global Head of Hedge Funds at Aberdeen Asset Management, said: “As a fund of hedge funds manager, we encourage all our managers to become signatories to the HFSB process.”

Deepak Gurnani, Investcorp’s Head of Hedge Funds and Chief Investment Officer, said: “Ensuring high standards of practice is essential to the future of the hedge fund industry and we are pleased to give our backing to the HFSB process.”

John Belgrove, Principal Consultant at Aon Hewitt, said: “The Standards are an important first step in the due diligence process for the investor community. We would welcome seeing more managers from both inside and particularly outside Europe signing up to this process.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlocking Transparency in Private Markets: Data-Driven Strategies in Asset Management

As asset managers continue to increase their allocations in private assets, the demand for greater transparency, risk oversight, and operational efficiency is growing rapidly. Managing private markets data presents its own set of unique challenges due to a lack of transparency, disparate sources and lack of standardization. Without reliable access, your firm may face inefficiencies,...

BLOG

Bloomberg BQuant Wins A-Team AICM Best AI Solution for Historical Data Analysis Award

When global markets were roiled by the announcement of massive US trade tariffs, Bloomberg saw the amount of financial and other data that runs through its systems surge to 600 billion data points, almost double the 400 billion it manages on an average day. “These were just mind-blowingly large volumes of data,” says James Jarvis,...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Regulatory Reporting Handbook – First Edition

Welcome to the inaugural edition of A-Team Group’s Regulatory Reporting Handbook, a comprehensive guide to reporting obligations that must be fulfilled by financial institutions on a global basis. The handbook reviews not only the current state of play within the regulatory reporting space, but also looks ahead to identify how institutions should be preparing for...