Richard Wilson at the Hedge Fund Blogger links to an article discussing a shift in the make-up of hedge fund investors towards becoming more institutional. According to Global Pensions, almost 60% of hedge fund assets are owned by institutions.
Naturally, this should affect how hedge fund managers think about compliance as institutional investors are much more likely to demand that their managers have a strong culture of compliance and solid compliance infrastructure in place. This trend will also likely lead many unregistered hedge fund managers to think about registration (even before the much-anticipated requirements are passed).
Are you a hedge fund managers seeing a shift in your client base? Let us know in the comments.
