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Entries from April 2010

Allocation of Trades Continue to Vex Hedge Funds

Posted under Best Practices,Compliance Program,SEC,Trading on April 12th, 2010 by Judith Gross1 Comment

The allocation of trades has always been an area of concern to hedge funds.  The issue is whether a manager is breaching its fiduciary duties by favoring one fund or account over another.  The reason this issue is so problematic is that it is so hard to define. For example, consider these scenarios: *If a manager’s  funds have different investment [...]