Hedge funds and their managers face the challenge of reconciling their objective of achieving above-average market returns relative to risk with their investors' desire for liquidity through periodic exit routes.
To allow for the latter, hedge funds typically provide investors the option to redeem at regular intervals. This distinguishes the hedge fund from the traditional private equity fund, where investor liquidity was far more restricted, generally to the point of being tied to the dispos
The week on Risk.net, October 6-12, 2017Receive this by email
- Quantile, TriOptima face off in cleared swaps compression battle
- ABS set for revival under US Treasury’s liquidity buffer plans
- Deutsche Bank expects early 2018 decision on LCH exit
- Industry hails potential US relaxation of margin timing rules
- Leaked EU doc could shield legacy swaps from clearing grab