Operational ratings, certifications gain momentum

Fri Sep 8, 2006

Firms that rate or certify the operational soundness of hedge fund firms are reporting an uptick in business as a growing number seek an external stamp of approval to appease cautious investors.

Moody's Investors Service this week issued its first public rating of a major hedge fund firm, Sorin Capital Management, a $300 million fixed-income relative value shop in New York. Moody's is...

ISSN: 2151-1845 / CDC10004H

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