UK regulator the Financial Services Authority could ask for greater disclosure from hedge funds, according to the head of its first dedicated hedge fund manager supervision team.
On November 1, just 24 hours into his new job, Andrew Shrimpton told an audience at London law firm Berwin Leighton Paisner that the FSA was “not asking for position data”, although he added that the hedge fund industry was increasingly willing to disclose positions.
Shrimpton said that although “managers are understandably reluctant to disclose their positions to the market and therefore to the competition, increasingly they’re willing to disclose positions to investors and counterparties”.
Thanks for your interest in Euromoney!
To unlock this article, enter your e-mail to log in or enquire about access:
