Comments on: Another guide to (obvious) hedge fund best practices http://allaboutalpha.com/blog/2009/09/17/another-guide-to-obvious-hedg-fund-best-practices/ A finance blog about hedge funds, portable alpha and alternative investing. Thu, 09 Feb 2012 19:03:08 +0000 http://wordpress.org/?v=abc hourly 1 By: CeB http://allaboutalpha.com/blog/2009/09/17/another-guide-to-obvious-hedg-fund-best-practices/comment-page-1/#comment-205144 CeB Fri, 18 Sep 2009 12:06:04 +0000 http://allaboutalpha.com/blog/?p=6127#comment-205144 "What would be nice would be to see more statistical and empirical “stress test” applications made part of a broader industry mantra ..." True but the reporting standards need to be consolidated, rationalized first with a technological aggregating soluition it in the middle. I suppose that's what the FSA/SEC reporting framework is gravitating to. Where are the investor demands in all this? Who is the voice of all the investment fiduciaries out there? By definition, a fiduciaries obligations to his/her clients sets the bar far higher for reporting than any regulatory reporting requirements. All these regulators, standards bodies are spitting out the regulatory moors but, frankly, if one CalPERs, Harvard, et. al. stands up and says these are my standard reporting requirements, the industry will be motivated economically to comply and can rally around a set of real and specific standards. Until regulators, standards bodies get past the "what you SHOULD do" to "how you CAN do it" it's all fluff on the ground. “What would be nice would be to see more statistical and empirical “stress test” applications made part of a broader industry mantra …”

True but the reporting standards need to be consolidated, rationalized first with a technological aggregating soluition it in the middle. I suppose that’s what the FSA/SEC reporting framework is gravitating to.

Where are the investor demands in all this? Who is the voice of all the investment fiduciaries out there? By definition, a fiduciaries obligations to his/her clients sets the bar far higher for reporting than any regulatory reporting requirements. All these regulators, standards bodies are spitting out the regulatory moors but, frankly, if one CalPERs, Harvard, et. al. stands up and says these are my standard reporting requirements, the industry will be motivated economically to comply and can rally around a set of real and specific standards.

Until regulators, standards bodies get past the “what you SHOULD do” to “how you CAN do it” it’s all fluff on the ground.

]]> By: THE FINTAG NEWSLETTER @ 18 September 2009 | Pastoon http://allaboutalpha.com/blog/2009/09/17/another-guide-to-obvious-hedg-fund-best-practices/comment-page-1/#comment-205074 THE FINTAG NEWSLETTER @ 18 September 2009 | Pastoon Fri, 18 Sep 2009 06:06:02 +0000 http://allaboutalpha.com/blog/?p=6127#comment-205074 [...] all about alpha says ” Another guide to (obvious) hedge fund best practices “ [...] [...] all about alpha says ” Another guide to (obvious) hedge fund best practices “ [...]

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