Politics & Regulation

Towers Watson, Goldman and Grosvenor join HFSB

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The Hedge Fund Standards Board (HFSB) has agreed to a series of changes to make its Standards more international and to strengthen them in the light of the financial crisis.

The amendments, which follow a consultation with investors and managers, pave the way for an HFSB drive to increase support among investors and hedge fund managers in the US and Asia.

Reflecting the growing international focus, Towers Watson, the global investment consultant with a significant presence in the direct hedge fund allocation business, has recently become a core supporter of the HFSB.

Goldman Sachs Hedge Fund Strategies, a