17 Nov 2010

Investors to Play a Bigger Role in Hedge Fund Standards Board

The Hedge Fund Standards Board (HFSB) is significantly strengthening the role and influence of investors in its standard-setting process with the launch of an Investor Chapter.

The Hedge Fund Standards Board (HFSB) is significantly strengthening the role and influence of investors in its standard-setting process with the launch of an Investor Chapter.

Members of the chapter, who include leading investors from Europe, Asia and North America, will provide input into the Standards and play a key role in widening adoption of the Standards among managers internationally.

Utah Retirement Systems (US), Railpen and the BT Pension Scheme (UK), APG (Netherlands), Caisse de dépôt et placement du Québec (Canada), PP Pension (Sweden), Pictet (Switzerland), AXA (France) and Government of Singapore Investment Corporation are among the 30 initial members. They include many of the biggest global investors in hedge funds, accounting in total for hedge fund assets of about $180bn.

Antonio Borges, Chairman of the HFSB, said:
“The new Investor Chapter will give a significant boost to our efforts to drive adoption of the Standards around the world. Institutional investors are the main beneficiaries of the Standards; they are also in the best position to persuade managers to sign up to them. We are delighted that so many leading institutions are joining us in this process.”

In addition, Mario Therrien, Senior VP, Fund Management, Caisse de dépôt et placement du Québec, the leading Canadian pension fund, has been appointed to the board of trustees of the HFSB.


The full list of members of the new HFSB Investor Chapter is:

  • APG Asset Management
  • Aurum Research Ltd
  • Axa Investment Managers
  • BT Pension Scheme Management
  • Caisse de dépôt et placement du Québec
  • Champalimaud Foundation
  • Corbin Capital Partners
  • Fauchier Partners LLP
  • FFC Capital Corporation
  • Fullerton Fund Management
  • Future Fund Australia
  • FRM
  • Government of Singapore Investment Corporation
  • Harcourt Investment Consulting
  • Hermes BPK Partners
  • KCIC
  • Liongate Capital Management
  • PAAMCO
  • Penjing Asset Management
  • PP Pension (Sweden)
  • Permal Group
  • Pictet Alternative Investments
  • Railpen Pension Investments
  • Russell Investments
  • SAIL Advisors Ltd
  • Schroders NewFinance Capital
  • Strathmore Capital
  • Unigestion
  • Union Bancaire Privée Asset Management
  • Utah Retirement Systems