Hedge Fund Transparency: The Long-Term Implications of Separate Account Management

Date: Monday, February 22, 2010
Author: CFA Institute

Hedge fund managers and investors alike have embraced separate account management as a panacea to their operational risk concerns and a quick win in the quest for greater transparency. But they should think again. In their rush to solve one set of problems, investors may be introducing even greater risks to their portfolios and hedge fund managers may be setting the stage for significant business challenges over the long term.

Holly Miller, founding partner at Stone House Consulting, LLC, which provides strategic, operational and IT consulting to investment managers and hedge funds, writes "Hedge Fund Transparency: The Long-Term Implications of Separate Account Management" in the CFA Institute's Investment Performance Measurement Newsletter for February 2010.

More information can be found at: http://www.stonehouseconsulting.com/Articles/Articles.html