Clear thinking needed

As the hedge fund world grows, so does pressure on funds and funds of funds to be proactive and transparent about risk management. By Clive Davidson

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There is a steadily growing number of wealthy individuals in the world, but hedge fund managers know that the future of their business lies to a far greater extent in the broadening interest of institutional investors in alternative assets. But with that institutional interest comes demands for more comprehensive risk reporting.

In the US, looming regulation is concentrating many funds’ minds on risk reporting, but there are some funds that already see their ability to analyse and communicate an

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