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: How to simplify and modernize data architecture to unleash data value and innovation

The data needs of financial institutions are growing at pace as new formats and greater volumes of information are integrated into their systems. With this has come greater complexity in managing and governing that data, amplifying pain points along data pipelines. In response, innovative new streamlined and flexible architectures have emerged that can absorb and...

BLOG

Data Concern Over EU’s Streamlining of Green Regulations

Financial institutions may have to rely more heavily on their data teams and vendors to surface sustainability risks in their portfolios after the European Union watered down some of its key corporate ESG reporting regulations. The EU’s Omnibus package announced earlier this year is intended to streamline the compliance processes for regulations including the Corporate...

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

Institutional Digital Assets Handbook 2023

After initial hesitancy, interest in digital assets from institutional market participants has grown over the past three to four years. Early focus inevitably centred on the market opportunities presented by bitcoin and other cryptocurrencies. But this has evolved into a broad acceptance of a potentially meaningful role for digital assets in institutional markets. It’s now...