J.P. Morgan Worldwide Securities Services has released HEDGE:ahead, a comprehensive resource guide aimed at helping hedge funds in Asia navigate the complexities of launch.
HEDGE:ahead, which was developed by J.P. Morgans Hedge Fund Services team in conjunction with other industry experts from across the region, features articles that examine areas of critical importance for new funds such as jurisdiction and regulatory issues; fee structures; service provider selection; and technology systems and processes.
In addition to J.P. Morgan, contributors to HEDGE:ahead include the Alternative Investment Management Association, Axxsys Consulting, EurekaHedge; Ogier and PricewaterhouseCoopers.
When a hedge fund is preparing to launch, its managers invariably focus their efforts on developing the right investment theme and the most appropriate trading strategy and raising capital, of course., says Adam Wallace, Head of Hedge Fund Services, Asia Pacific, J.P. Morgan Worldwide Securities Services. However, even with a successful trading strategy, a robust operational structure is crucial. If funds want to attract investors, they’ll need to partner with leading service providers, incorporate strong EMS / OMS systems, establish effective segregation of duties and integrate comprehensive operating procedures. Funds must design themselves from the outset to successfully complete institutional-grade due diligence reviews.