Politics & Regulation

Consultants and funds of funds join HFSB line up

by

Investment consultant Aon Hewitt together with Aberdeen Asset Management and Investcorp, which have $5.72 billion and $4.7 billion in fund of hedge fund assets respectively, have joined the core supporters group of the Hedge Fund Standards Board (HFSB), the organisation that was formed in January 2008 to agree standards of good practice for hedge fund managers.

Aon Hewitt provides investment advice and solutions to pension funds, charities and sovereign funds and currently advises on more than $25 billion invested in hedge funds. John Belgrove, principal consultant at Aon Hewitt, said: “The Standards are an important first step in