Hedge funds adopting UCITS principles, ALFI conference told
Tue Dec 6, 2011
Hedge fund managers are now applying some of the investment
principles of the UCITS directive to their offshore funds as
well, according to Christian Szylar from London-based Marshall
Wace Asset Management. Some of the aligned investment
principles from the UCITS directive like value-at-risk,
leverage and global exposure limits are now being used by hedge
fund managers, according to Szylar, global head of risk and
performance measurement for the hedge fund manager.He was
speaking on a panel at the Association of the Luxembourg Fund
Industry's European alternative investment funds conference on
the alignment between UCITS and hedge fund industries. James
Kaufmann, general counsel for RWC Partners in London, concurred
that there was alignment between hedge funds and alternative
UCITS. He told the audience of hedge fund professionals: "RWC
has been running UCITS and hedge funds side-by-side. It has not
affected the way we run our strategies. "We will be running
ISSN: 2151-1845 / CDC10004H
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