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Fund accounting

Shadow accounting highlights hedge fund desire for counterparty safety

Counter party risks and a desire for more control has led hedge fund managers to minimise their dependence on any one service provider. This has resulted in parallel, ‘shadow’ accounting.

Hedge Funds Review | 06 May 2011secure

shadow-trees

Hedge funds ponder necessity of independent fund administrator

Selecting a fund administrator can be crucial to the success of a hedge fund. Managers and investors believe the choice has a significant impact on the fund’s ability to seek and retain capital.

Hedge Funds Review | 05 Oct 2010secure

BNY Mellon introduces side pocket accounting tools

BNY Mellon’s hedge fund administration unit is rolling out an improved accounting service for investments held in side pockets and special purpose vehicles (SPVs).

Hedge Funds Review | 09 Jun 2010secure

Irish fund industry sees assets fall in 2009

Funds serviced in Ireland reached $1,361.7 billion (€970.8 billion) in total net assets at June 30, 2009, down from $1,934.9 billion in 2008. The number of funds and sub-funds serviced by the Irish industry......

Hedge Funds Review | 27 Oct 2009secure

Thomson Reuters unveils enhanced PORTIA

Thomson Reuters has released its latest version of PORTIA, an enterprise-wide investment accounting system. The system now includes enhanced fund accounting capabilities, providing a single solution for......

Hedge Funds Review | 15 Oct 2009

Sub-custody and counterparty risk in the spotlight

What are the main issues around custody of assets and how is this changing?

Hedge Funds Review | 10 Oct 2009

Increased responsibility of auditors expected in future

What are some of the issues and opportunities for the future of auditing?

Hedge Funds Review | 10 Oct 2009

Regulation adds level of complexity

What issues and challenges may new regulations pose for auditors of hedge funds and funds of hedge funds?

Hedge Funds Review | 10 Oct 2009

Madoff continues to influence industry

What lessons have been learned from Madoff? How is the approach to the audit of fund investments and funds of funds changing?

Hedge Funds Review | 10 Oct 2009

Accounting Round Table

A report looking at the quality and reputation of auditors has become an even more critical selection criterion; valuation issues thrown up by illiquid assets are set to be a permanent part of the industry;......

Hedge Funds Review | 10 Oct 2009

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