July 2015: Newsletter: Systematica joins HFSB, new HFSB initiative on cybersecurity
June 2015: Newsletter: HFSB at the IOSCO Conference, Dabroes Management joins HFSB and upcoming events
May 2015: Newsletter: Administrator Transparency Reporting template and coverage of the HFSB Annual event
May 2015: HFSB Annual Assembly held in London, speakers: senior representatives from Bank of England, FCA, Future Fund, APG & TRS
May 2015: Press Release: HFSB adds Administrator Transparency Reporting to its Toolbox
Apr 2015: Newsletter: HFSB in China, CDAM, Effissimo & Trium join HFSB
Apr 2015: News: HFSB presented the Chinese translation of the Standards in Shanghai.
Mar 2015: Newsletter: HFSB in Hong Kong, URS & TRS join the Board, Eagle Trading Systems Inc. & Duet Asset Management join HFSB
Mar 2015: Press Release: HFSB appoints Bruce Cundick of URS and Dale West of of TRS to the Board
Mar 2015: Press Release: HFSB launched a new consultation on managing conflicts of interest. Please see the consultation paper here
Feb 2015: Newsletter: Hutchin Hill Capital and Kriya Capital join the HFSB, other HFSB events
Feb 2015: Press Release: HFSB appoints David George of the Future Fund to the Board
Jan 2015: Newsletter: HFSB events in Australia and other initiatives for 2015
The Hedge Fund Standards Board (HFSB) is a standard setting body for the hedge fund industry and acts as custodian of the Hedge Fund Standards. This provides a powerful mechanism for creating a framework of transparency, integrity and good governance so as to maintain a high reputation for the industry, facilitate investor due diligence and complement public policy, thus serving the interests of all market participants and of the economy at large.
HFSB brings together managers, investors, regulators and investment consultants from around the world to help determine how the hedge fund industry should operate. Over 120 Hedge Fund Managers so far have committed to conform to the Hedge Fund Standards on a comply-or explain basis, accounting for over USD 700bn in AUM. Over 60 major international investors, including pension and endowment funds, sovereign wealth funds and funds of funds, have embraced the HFSB as members of the Investor Chapter to drive adoption of and improvements to the Standards.
Keeping the Hedge Fund Standards fit for purpose is an iterative process, and the HFSB responds to changes in industry practices and investor expectations by consulting publicly on improvements to the Standards from time to time. The Standards themselves create a transparency framework as complete and unambiguous as practical so that investors and regulators can make informed judgments on hedge fund managers and act accordingly. While it is not the HFSB's role to act as a regulator or to enforce compliance with the Standards, it does aim to foster an environment of transparency and thus strengthen both the soft power of investors and the hard power of regulators.