Turn on the lights…
Hedge funds and other “alternative” investment vehicles are about to go mainstream as a result of Dodd-Frankand the Financial Stability Council. Today the SEC voted to introduce a proposal to require managers with north of a billion in assets under management to report portfolio information. Managers will now be required to tell the Commission where they are investing, how much leverage they are using and their liquidity levels. And while this is another example of the government trying to force the hands of the hedge fund industry, it is actually a good thing. This action, and a similar proposal that the Commodities Futures Trading Commission is expected to make tomorrow, […]
Talk about a magnet’s polar opposites…
These days, news about the hedge fund industry is either positive or negative. Either the press is writing story after story about the insider trading scandal or the how a manager is attacking a board of directors or it’s writing stories about how assets keep flowing into hedge funds from investors around the globe. There’s no in-between news; it’s either really negative or really positive. And while it may not be news, it seems that managers, specifically those who are just starting out or those with less than a half a billion under management, are having a heck of a time trying to raise assets. Click here to read about […]