Welcome to CanadianHedgeWatch.com
Friday, March 29, 2024
What's Worrying Hedge Fund CFOs and COOs? |
|
Date: Wednesday, October 14, 2015
Author: ITG
The results are in. Compliance and regulation top the list of
concerns, along with the repercussions of unbundling research
and trading.
In late June, ITG surveyed more than 40 US hedge fund executives
about key issues that impact the way they do business.* As ITG
expands our OMS/EMS/PMS hedge fund solution to new regions,
these survey results and our continuing conversations with COOs
and CFOs at hedge funds worldwide will help inform the future
direction of our trading and CSA services.
Some key findings:
-
47%
of respondents cited changing financial rules and
regulations as their most pressing issue, followed by the
need to streamline compliance processes (37%).
-
Asked specifically about Europe’s moves to unbundle research
payments from equity trading commissions, 49% of hedge fund
CFOs report that they are very or somewhat concerned.
-
If Europe moves towards a "hard unbundling" of research
payments from commissions, 65% of CFOs surveyed said they
would likely segregate the accounts of their European
clients in order to continue using Commission Sharing
Agreements (CSAs) for non-European clients. 35% said they
would consider ending the use of CSAs altogether.
-
Hedge fund CFOs rely on their peers to keep abreast of
changes in the marketplace: 45% cited conversations with
fellow finance and compliance professionals as their main
source of industry news, followed by content from their
brokers or vendors (31%) and business or trade publications
(24%).
Learn how to prepare for regulatory changes ahead and see full
survey results >
* Survey was conducted at ITG's CFO dinner in New York and
included funds ranging from $50 million to $14 billion in assets
under management, representing a collective total of more than
$115 billion in AUM. |
|
CONTACT
Asia Pacific
+852.2846.3500
info@itg.com |
Canada
+1.416.874.0900
www.itg.com |
EMEA
+44.20.7670.4000 |
United States
+1.212.588.4000
|
|
|
Copyright © Canadian Hedge Watch Inc. All rights reserved.
Reproduction in whole or in part without permission is prohibited.