Every regulator and supervisor around the world is calling for
more direct hedge
fund regulation.
When
it is difficult, they try an
indirect
regulation approach, using
Basel ii
and
other best practices. All regulated financial institutions have to
comply with Basel ii.
You are a hedge funds manager, administrator,
analyst, or mathematician (like me). Perhaps you are a junior or
senior consultant. Or, you do your best for the fund establishment,
portfolio management, product development, financial control,
financial reporting, regulatory reporting, tax reporting , compliance
monitoring, sales, marketing, relations.
You have the ability to generate positive
returns in both rising and falling markets.
You provide market
with liquidity and investors with a wide choice of strategies to meet
their investment objectives.
You give them also opportunities for
absolute returns, skill-based strategies and
diversification.
You live in a world that believes that you are
paid ridiculously well regardless of performance.
There are some jobs almost all hate, and one of them is your job.
Nobody really knows what you do and how difficult it is, but they have
no problem: You simply make money looking at numbers on a computer
screen.
People love people like Bill Gates, who makes billions for delivering
products like Windows, but dislike or hate hedge fund managers (and
their teams) who make really good money only when their funds are
delivering absolute returns to their investors.
We have to explain to the world what hedge funds professionals and
their consultants do in order to make money. The challenges, the
difficulties, the risks, the nights without sleep, the tension. We have
also to explain simple things, like
performance fees that are similar to stock options for the CEO. We
live in a secretive environment, because they love to copy our
strategies and positions, but we have to know each other
better and to leave the world learn more about us.
Membership in the International Association of Hedge Funds
Professionals (IAHFP) is
free.
Join us.
Best Regards,
George Lekatis
President of the International
Association of Hedge Funds Professionals (IAHFP)
General
Manager, Compliance LLC
1200 G Street NW Suite 800, Washington DC 20005, USA
Tel: (202) 449-9750
Email: lekatis@hedge-funds-association.com
Web:
www.hedge-funds-association.com
HQ: 1220 N. Market Street Suite 804, Wilmington DE 19801, USA
Tel: (302) 342-8828
