The future of hedge fund investing: a regulatory and structural solution for a fallen industry

In the wake of recent ponzi scandals and the loss of billions of dollars, thehedge fund industry has been sent reeling. Factors such as the lack of transparency, little regulation or risk management, and inexperienced hedge fund managers all led to the demise of the hedge fund industry. The fact remains, however, that hedge funds are here to stay, but author Monty Agarwal argues that certain changes must come first. The Future of Hedge Fund Investing takes an in-depth look into what Agarwal declares an expert failure and then describes indetail how the industry should go about repairing it to make sure it never happens again. Agarwal has created five must-haves for the future infrastructureof hedge funds: 1. An independent industry recognized auditor; 2. An independent industry recognized administrator/custodian; 3. Trade execution via independent entities, like prime brokers; 4. Fund valuations conducted independentlyby a third party, like an administrator; and 5. Hedge fund manager who is willing to talk at length and in depth about his or her strategy and provide regular risk and return reporting.

• ISBN: 978-0-470-53744-2
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 208
• Fecha Publicación: 14/10/2009
• Nº Volúmenes: 1
• Idioma: Inglés