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Presenter: Heather Smith Deputy Head, Investments and Securities Division Cayman Islands Monetary Authority
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Best Practices in Identifying and Monitoring the Systemic Risks of Hedge Funds

Feb 08, 2016

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Best Practices in Identifying and Monitoring the Systemic Risks of Hedge Funds. Presenter: Heather Smith Deputy Head, Investments and Securities Division Cayman Islands Monetary Authority. CIMA actively regulates funds. - PowerPoint PPT Presentation
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Page 1: Best Practices in  Identifying and Monitoring the Systemic Risks of Hedge Funds

Presenter: Heather SmithDeputy Head, Investments and Securities Division

Cayman Islands Monetary Authority

Page 2: Best Practices in  Identifying and Monitoring the Systemic Risks of Hedge Funds
Page 3: Best Practices in  Identifying and Monitoring the Systemic Risks of Hedge Funds
Page 4: Best Practices in  Identifying and Monitoring the Systemic Risks of Hedge Funds

Compel proper disclosure

Provide investors with valuable information

Page 5: Best Practices in  Identifying and Monitoring the Systemic Risks of Hedge Funds

NONOBut…

Page 6: Best Practices in  Identifying and Monitoring the Systemic Risks of Hedge Funds
Page 7: Best Practices in  Identifying and Monitoring the Systemic Risks of Hedge Funds

“I'm not worried about 8,000 hedge funds, ... I'm worried about 400 or 500 of them - that's what could start the ball rolling down the hill. While most hedge fund managers are pretty smart and knowledgeable, it doesn't take too many to start a rout. One nervous cow and you could start a stampede.”

-Jim Melcher, founder & president of Balestra Capital

taken from interview with CNN/Money staff writer Amanda Cantrell

in November 2005

Page 8: Best Practices in  Identifying and Monitoring the Systemic Risks of Hedge Funds
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