01 April 2009

Hedge Fund Standards Board Announces New International Signatories

Odey, Jupiter and The Children’s Investment Fund are among the latest batch of new signatories announced today by the Hedge Fund Standards Board (HFSB).

A total of 13 new hedge fund managers have now committed themselves to the HFSB’s standards, bringing the total to 45.

The new signatories are:

Algert Coldiron Investors LLC
Armajaro Asset Management LLP
Claritas Investments
GSA Capital Partners LLP
Horizon21 Active Alpha
Jupiter Asset Management (Bermuda) Limited
Martin Currie Investment Management Limited
Matterhorn Investment Management LLP
Macro Investment Business - M&G Investment Management Ltd.
Northwood Capital LLP
Odey Asset Management LLP
The Children's Investment Fund Management (UK) LLP
Volteq Capital

Antonio Borges, chairman of the HFSB, said:

“In the current climate it is essential that the hedge fund industry demonstrates to regulators and policymakers that it is adhering to the highest standards by ensuring there are safeguards in place that would make a Madoff-type scandal very unlikely.

“The HFSB standards provide comfort to investors and we are grateful for the encouragement we have had from the Financial Stability Forum and the Financial Services Authority for the HFSB approach.”

No comments: