Laven calls for standard hedge fund valuation system to raise confidence

Consultant Laven Partners is calling for a standard hedge fund valuation system to increase investor...

Consultant Laven Partners is calling for a standard hedge fund valuation system to increase investor confidence, protect the industry's reputation and avoid political interference. Following efforts from Aima and the Hedge Fund Working Group, the consultancy said practitioners should establish a binding agreement, setting out a reliable approach to asset valuation. Laven believes the agreement should include documented policies and procedures for the valuation of all financial instruments held or employed by a hedge fund. It also said valuations of hedge fund assets should be transpar...