Hedge Fund Intelligence New standards in Investor Transparency | Page 4

NEW STANDARDS IN INVESTOR TRANSPARENCY This report was researched and written by Philip Moore, special reports writer for HedgeFund Intelligence HedgeFund Intelligence is the most comprehensive provider of hedge fund news and data in the world. With five titles – AsiaHedge, EuroHedge, InvestHedge, Absolute Return – and Absolute UCITS, we have the largest and the most knowledgeable editorial and research teams of any hedge fund information provider. We collect and supply information on 15,000 hedge funds and funds of hedge funds, and provide comprehensive analysis from across the globe. We also produce a number of highly regarded events throughout the year, including conferences which attract top-level industry speakers and delegates, and awards dinners which honour the bestperforming risk-adjusted funds of the year. Published by HedgeFund Intelligence, Nestor House, Playhouse Yard London EC4V 5EX, United Kingdom Email [email protected] Telephone [phone] Fax [phone] Website www.hedgefundintelligence.com Special reports writer Philip Moore Managing editor Nick Evans [email protected] Data & research manager Damian Alexander [email protected] Global head of sales Russell Bradley-Cook rbcook@ hedgefundintelligence.com Managing director David Antin [email protected] Commercial director Robert Dunn [email protected] Subscription and reprints Tessa Ledwith [email protected] + 44 (0)20 7779 7339 Disclaimer: This publication is for information purposes only. It is not investment advice and any mention of a fund is in no way an offer to sell or a solicitation to buy the fund. Any information in this publication should not be the basis for an investment decision. HedgeFund Intelligence does not guarantee and takes no responsibility for the accuracy of the information or the statistics contained in this document. Subscribers should not circulate this publication to members of the public, as sales of the products mentioned may not be eligible or suitable for general sale in some countries. Copyright in this document is owned by HedgeFund Intelligence Limited and any unauthorised copying, distribution, selling or lending of this document is prohibited. All rights reserved. 4 Special Report June 2014 Introduction R egulatory changes and the institutionalisation of the hedge fund investor base are bringing about a significant rise in the levels of transparency that hedge fund managers are prepared to give their investors these days – and more importantly, which investors now expect to receive from their managers. But what types of transparency are useful for investors? What kinds of demands are unreasonable, or counter-productive? What are the costs and the benefits – and to whom? And what will be the longer-term impact of the new standards of investor transparency in terms of the evolving relationships between managers, investors and service providers? Philip Moore reports © HedgeFund Intelligence