HFWG proposes improved disclosure

The Hedge Fund Working Group (HFWG) has published a document proposing improved levels of investor d...

The Hedge Fund Working Group (HFWG) has published a document proposing improved levels of investor disclosure. These standards focus on valuation, risk management, disclosure and fund governance. The working group has also proposed hedge fund managers disclose more information about themselves on their websites and that more information about the hedge fund industry is made available to the public. Best practice standards in the consultation include proposals that methodology for valuations should be robust and transparent and should disclose the presence of illiquid and hard-to-value a...