New regulations 'a challenge' for hedge fund managers

20 July 2009

Negotiating new regulatory requirements is one of the most difficult tasks for hedge fund managers operating in the current economic climate, new research has suggested.

A study carried out by TKS Solutions found that the "abrupt changes" that have been made following the global financial crisis have proved challenging for those overseeing hedge funds.

The survey revealed that demands from investors for greater transparency are placing extra pressures on fund managers, while the need to effectively monitor complex assets is also proving testing.

"Brute force deployments of small armies of staff armed with spreadsheets are no longer an option for handling the many complexities of investment partnership and shareholder accounting," the report noted, adding that many chief financial officers are opting to use investor accounting systems in order to keep track of their operations.

Last month, industry monitor Eurekahedge revealed that hedge funds had their best month in nearly a decade during May.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development