New York (HedgeCo.net) – Professional services company and auditing firm KPMG recently issued a special publication entitled Accessing hedge funds through managed accounts: The future is now.
The publication noted that the hedge fund industry in seeing an increased focus on transparency and that managed account model is the solution. The advantages cited in the publication are many of the same things offered through HedgeCo’s sister company, HedgeCoVest. The article cites the improvement in liquidity and transparency as well as customization and the ability to monitor and assess risk and performance on a live basis. These are also advantages to the HedgeCoVest platform.
The article included a quote from a “large US hedge fund manager”, but did not reveal the name of the manager. “An increasing demand for transparency will drive demand for customized solutions such as funds of one and managed accounts.”
While the HedgeCoVest platform doesn’t provide individually managed accounts, the assets are held in a separate account of the investor, so assets are not commingled the way they are with the traditional hedge fund structure. With 54 different models to choose from, investors and investment managers can customize different portfolios with different risk and return metrics.
Investors or their investment manager can login to their account and see what investments are in their account at any given time, providing complete transparency which allows for greater monitoring for risk and performance. Investors also have the ability to liquidate their investments at any time.
Rick Pendergraft
Research Analyst
HedgeCoVest