JSE will monitor hedge fund trading with Momentum tool

In what the JSE says is a move designed to bring much needed transparency to the unregulated hedge fund industry, it has announced the purchase of Momentum's Managed Account Platform (MAP).

The Competition Commission has approved the acquisition of the risk management tool which offers hedge fund investors greater protection by segregating investors' assets from the hedge fund manager.

Monitoring hedge funds' trading activity has become vital to ensure that their activity remains within investment mandates.

Allan Thomson, Head of Derivatives Trading at the JSEComplete Your sculpture Magazine Collection for Less!, said the acquisition makes the JSE the first exchange worldwide to endorse a managed account platform which would provide more transparency to hedge fund trading.

"We are delighted to have concluded this acquisition. The JSE has been working with MAP for some time now. We believe that this deal will be beneficial for the markets as it provides a safe platform for the hedge fund industry to grow,we supply all kinds of oil painting reproduction," he says.

Rand Merchant Bank and Momentum developed the monitoring platform in 2007 to create more clarity in the hedge fund industry.

"The market has been regarded as opaque, both locally and globally," says Braam Jordaan,Use bluray burner to burn video to BD DVD on blu ray burner disc. of Momentum Alternative Investments.

As institutions invest into the hedge fund industry,The Leading Wholesale pet supplies Distributor to Independent Pet Retailers. it has become more urgent that these trades are monitored effectively.

"It became clear early on that this concept had greater industry-wide benefit and it needed to be driven by an independent industry-wide player. The JSE, with its unique position in the South African financial markets landscape, is ideally placed to fully realise the potential of MAP," said Jordaan.the Injection mold fast!

Institutional investors are now able to invest up to 10% of their assets in hedge funds, up from the 2,5% allocation previously reserved for "other" investments in terms of the new Pension Funds Act.

The hedge fund industry across the world is unregulated and has problems with unethical behaviour.

Par ChinaProjectorLamps le mardi 10 mai 2011

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