November 14, 2008
More on gates and suspensions.....
After having prepared Castle Hall's list of redemption gates, suspensions and restructurings, we wanted to highlight several other blogs which have also touched on this issue."Ten seconds into the future", back in October, commented on the coming logjam of redemptions...
Posted at 07:00 PM in Hedge funds
November 13, 2008
Gates, Suspensions, and Restructuring: 75 and Counting
The number of hedge funds which have imposed gates, suspended redemptions and / or proposed a form of restructuring has grown rapidly.Castle Hall has accumulated a list of "gated, suspended or restructured" funds which have been mentioned in the financial...
Posted at 07:00 PM in Hedge funds
November 12, 2008
FSA to Institutions: You Need to Do More Due Diligence
Reuters has today published an interesting article quoting Tom Huertas, head of the banking division of the UK regulator, the Financial Services Authority.According to the article:"Huertas also said some institutional investors could be doing a better job in performing due...
Posted at 07:00 PM in Hedge funds
November 12, 2008
Rothstein Kass Paper on FAS 157
Having just posted comments on FAS 157 ourselves, the audit firm Rothstein Kass has just published a paper providing implementation guidance on the new fair value accounting standard as it applies to hedge funds. For those with interest, this paper,...
Posted at 07:00 PM in FAS 157
