Thursday, January 08, 2009

Hedge Funds Survey

Hedge funds are becoming an increasingly important line of business for financial institutions.  Until now, however, there has never been a benchmark study of financial services industry and their business with hedge funds.

The Risk Management Association is undertaking a benchmarking survey to learn more about the lines of business that financial institutions have with hedge funds, including trading lines, hedge-fund financing, financing a fund of funds, prime brokerage activities, and the range of custodial services organizations provide.  We also want to learn more about other areas affecting institution’s relationships with hedge funds, such as operational risks, staffing issues, IT systems and architecture, and limits setting.

This landmark benchmarking survey will establish standards of practice for financial institutions and their dealings with hedge funds.