FOREWORD
As institutions begin to emerge from the financial crisis and
global economic downturn, their thoughts are turning towards
preparations for the recovery. They are re-configuring business
models to suit the new financial landscape, re-aligning their
workforce to meet new levels of demand, and re-building customer
relationships that have been unsettled during the crisis. There is
also urgency in these efforts, as institutions recognize that these
preparations must be complete before the recovery is complete if
they are to make the most of the opportunities to come.
One sector currently making preparations is the hedge fund
industry. Demands for increased transparency and higher frequency
reporting, as well as a renewed understanding of the risks of
depending on single source suppliers, means that hedge funds are
having to re-invent their business models to remain viable in this
new environment. These new models will require funds to bolster
their risk
