Matt Stefan global co-head of Amundi Alternative Investments is leaving the company to join a start-up hedge fund, according to a source familiar with his plans.
The relationship between hedge funds and their investors continues to show signs of improvement with the latest Preqin investor survey reporting that over 60% of respondents believe fund terms had
turned in their favour.
Goldman Sach’s £17.5m ($27m) fine by the FSA is another indication of the UK financial regulator’s willingness to crack down on firms that “bend the rules”, according
to regulatory advisory group Kinetic Partners.
The Long:
Gwyn Roberts
It’s interesting how one deal can often summarise the tenor of the times. Last week’s rubber stamping of the Man-GLG tie-up by the former’s shareholders may have been a formality,
but in the wider context of the hedge fund sector, the tenets underpinning the move are far more interesting.
The Long:
Tony Griffiths
Collateral management is undoubtedly a big deal for the post-Lehman investor, but, as Danny Caplan, Deutsche Bank’s head of global prime finance sales, Europe, put it this week, “not
all asset segregation is the same”.
The Long:
Julian Korek
"Firms must be careful not to take their eye off the ball, as enforcement action for reporting failures is increasing in frequency and severity"
