{"id":45450,"date":"2014-12-12T03:52:10","date_gmt":"2014-12-12T08:52:10","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=45450"},"modified":"2014-12-12T06:52:40","modified_gmt":"2014-12-12T11:52:40","slug":"aoi-hedge-fund-principlesguidlines","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2014\/aoi-hedge-fund-principlesguidlines.html","title":{"rendered":"AOI Hedge Fund Principles\/Guidlines"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/10\/hedge_funds_4.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-44648\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/10\/hedge_funds_4.jpg\" alt=\"hedge_funds_4\" width=\"278\" height=\"256\" \/><\/a>New York (HedgeCo.Net) &#8211; The Alignment of Investments Association (AOI) on Tuesday released the latest version of its hedge fund best practices guidelines. While it\u2019s unclear whether all of these proposed measures will take hold in the industry, one this is crystal clear \u2013 in the current day and age, hedge funds have more pressure than ever to effectively increase alpha, handle regulatory concerns, and attract top-tier talent.<\/p>\n<p>Steve Nadel, partner and co-head of the Investment Management Group at law firm Seward &amp; Kissel, who has extensive experience in issues relating to the establishment and ongoing operation of hedge funds, notes that the last two sections of the AOI Hedge Fund Investing Principles \u2014 Documentation &amp; Governance and Transparency, Valuation &amp; Disclosures \u2014 are \u201cnot groundbreaking,\u201d as many of the points in these sections have become industry standards \u201cgiven the heightened sensitivity relating to protecting investors and treating them fairly.\u201d However, there are some interesting principles in the Economic &amp; Liquidity Terms section, which point to the increasing industry tension surrounding hedge fund operating costs and performance fees. Steve\u2019s commentary is below:<\/p>\n<p>\u201cHowever, with regard to a number of the proposals relating to management and performance fees, especially those involving laddering down management fees and creating new performance fees tied to alpha generation, it remains to be seen whether these will become widely accepted, especially as the industry becomes more institutionalized and regulated, which will continue to drive up overhead costs and the demand for top tier talent.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; The Alignment of Investments Association (AOI) on Tuesday released the latest version of its hedge fund best practices guidelines. While it\u2019s unclear whether all of these proposed measures will take hold in the industry, one this [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,16022],"tags":[],"class_list":["post-45450","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news","category-opinion"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=45450"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45450\/revisions"}],"predecessor-version":[{"id":45453,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45450\/revisions\/45453"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=45450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=45450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=45450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}