TITLE

Hedge Funds Giving SMAs Warm Embrace

AUTHOR(S)
HINTZE, JOHN
PUB. DATE
January 2009
SOURCE
Securities Industry News;1/5/2009, Vol. 21 Issue 1, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the increase in the adoption of separately managed accounts (SMAs) in the U.S. It cites the influence of the discovery of Bernard Madoff's alleged Ponzi scheme on concerns raised by investors. It notes that SMAs let investors independently check on the status of their account through the custodian. According to Philip Stapleton, chairman of Conifer Securities, fund managers will manage their hedge funds alongside SMAs.
ACCESSION #
36561116

 

Related Articles

  • Fraud, Weak Performance Hampering Hedge Funds. Garmhausen, Steve // American Banker;2/4/2009, Vol. 174 Issue 23, p11 

    This article discusses the negative effects that fraud and weak performance are having on hedge fund investments. After financier Bernard Madoff was charged with operating a Ponzi scheme, investors have been very skeptical about investing in hedge funds. Investors are also leery of investing in...

  • Checks And Balances. Terzo, Gerelyn // Investment Dealers' Digest;1/5/2009, Vol. 75 Issue 1, p12 

    The article reports that hedge funds of funds are regaining investors' trust following their exposure to executive Bernie Madoff, the mastermind behind the alleged Ponzi scheme that cost Madoff Securities an estimated $50 billion. Those who invest in hedge fund of funds are primarily after risk...

  • Recognizing the Red Flags of a Ponzi Scheme. Benson, Sandra S. // CPA Journal;Jun2009, Vol. 79 Issue 6, p18 

    The article discusses some indications of a Ponzi scheme and what actions can be taken by accountants to protect themselves and their clients from the damaging effects of such schemes. An overview of the Ponzi scheme run by Bernard L. Madoff is provided. Among these warning signs are promises of...

  • Will CPAs Become Madoff's Next Victims? Goldwasser, Dan L.; Eickemeyer, John H. // CPA Journal;Apr2009, Vol. 79 Issue 4, p68 

    The article examines the possible impact of the Ponzi scheme perpetrated by businessman Bernard L. Madoff on certified public accountants (CPA) in the U.S. Many accountants are likely to be affected by the financial problem created by Madoff's fraudulent investment scheme because their clients...

  • London's Standards Board Wants Hedge Funds To Open Up Operations. Kentouris, Chris // Securities Industry News;7/6/2009, Vol. 21 Issue 15, p5 

    The article reports that Hedge Fund Standards Board (HFSB) of London, England is proposing hedge funds hire independent parties to oversee the custody, record-keeping and valuation of their assets in 2009. They also demanded that disclosures be made on possible restrictions on redemptions....

  • Madoff scheme ensnares H'wood. Harris, Dana // Daily Variety;12/15/2008, Vol. 301 Issue 51, p6 

    The article reports on the people and companies affected by the collapse of the hedge fund scheme of money manager, Bernard Madoff who was arrested for defrauding investors. The largest investor is the Royal Bank of Scotland. France-based BNP Paribas had invested in Indian digital cinema pioneer...

  • Will Madoff's Enablers Get Hard Time? Demos, Telis // Fortune International (Europe);1/19/2009, Vol. 159 Issue 1, p21 

    The article examines the legal status of persons associated with the financier Bernard Madoff who acted as intermediaries with investors who were defrauded by Madoff's alleged Ponzi scheme. These persons recommended Madoff's services to investors without possessing knowledge of the fraud....

  • Will Madoff's Enablers Get Hard Time? Demos, Telis // Fortune;1/19/2009, Vol. 159 Issue 1, p24 

    The article examines the legal status of persons associated with the financier Bernard Madoff who acted as intermediaries with investors who were defrauded by Madoff's alleged Ponzi scheme. These persons recommended Madoff's services to investors without possessing knowledge of the fraud....

  • How To... Run A Scam. Olson, Mike; Lee, Jason // Wired;Apr2009, Vol. 17 Issue 4, p30 

    The article presents information on money manager Bernard L. Madoff, who executed a big financial scam though ponzi scheme. Greg Hays, whose firm Hays Financial Consulting specializes in detecting and unraveling frauds, says that one need not be a big-time money manager like Madoff to execute a...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics