{"id":19544,"date":"2011-07-20T00:23:00","date_gmt":"2011-07-19T22:23:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/note\/reinvention-in-the-hedge-fund-industry\/"},"modified":"2011-07-20T00:23:00","modified_gmt":"2011-07-19T22:23:00","slug":"reinvention-in-the-hedge-fund-industry","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/note\/reinvention-in-the-hedge-fund-industry\/","title":{"rendered":"Reinvention in the Hedge Fund Industry"},"content":{"rendered":"<p class=\"post_excerpt\">State Street Corporation released a new Vision Report today, entitled \u201cHedge Funds: Rebuilding on a New Foundation.\u201d  The report examines the re-emergence of the hedge fund industry and the new dynamic between investors, hedge funds, and hedge fund administrators <\/p>\n<p><!--more--><br \/>\nState Street Corporation released a new Vision Report today, entitled \u201cHedge Funds: Rebuilding on a New Foundation.\u201d  The report examines the re-emergence of the hedge fund industry and the new dynamic between investors, hedge funds, and hedge fund administrators that has emerged to address sweeping regulatory changes and investor demands for enhanced fund transparency, liquidity and efficiency.<\/p>\n<p>According to State Street\u2019s Vision paper, today\u2019s post-crisis environment fund selection will emphasize six critical operational and risk management elements: investment strategy and performance, portfolio liquidity, portfolio transparency, reconsideration of pricing and lockup periods, operational due diligence and the independence of custodians and administrators.<\/p>\n<p>\u201cThe theme of transparency in the hedge fund and fund of hedge funds market continues to grow,\u201d said Jim Tomeo, chief operating officer and senior portfolio manager at SSARIS Advisors, LLC, an affiliate of State Street Global Advisors. \u201cAcross the alternative investment industry, institutional investors are driving the evolution of all investment channels, from direct hedge fund investment, funds of funds, to managed accounts and other structures. Improved investor sentiment and positive inflows suggest reviving confidence across the board.\u201d  <\/p>\n<p>\u201cInstitutional investors are increasingly taking great interest in how hedge funds manage operational infrastructure, choose administrators and provide for governance and best practices,\u201d said George Sullivan, executive vice president and head of State Street\u2019s alternative investment solutions group. \u201cEscalating client demand for operational control and transparency is driving funds to outsource many responsibilities to administrators experienced in all asset types and investment strategies. By hiring administrators to assume a range of services, including data management, asset class coverage and portfolio risk analysis, fund managers can concentrate on generating alpha and distributing investment products.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State Street Corporation released a new Vision Report today, entitled \u201cHedge Funds: Rebuilding on a New Foundation.\u201d The report examines the re-emergence of the hedge fund industry and the new dynamic between investors, hedge funds, and hedge fund administrators<\/p>\n","protected":false},"author":20,"featured_media":19542,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1481],"tags":[1655,1723,1651,1437,1650,2243,1712],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/19544"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=19544"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/19544\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/19542"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=19544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=19544"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=19544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}