The SEC recently released their Form ADV data on investment managers including a large number of hedge funds. The data err on the side of conservatism in non-disclosure and can be compared to what the SEC has released so far on Form PF. More than anything, the ADV data raise the question of what is a hedge fund in 2015.
We’ve had central banks on the brain lately, so a new paper from the Bank for International Settlements, “Central bank operating frameworks and collateral markets”, was right up our alley. The paper investigates the impact that central banks have in markets for assets that are frequently used as collateral.
The Systemic Risk Council publishes an interactive tool for looking at bank stats. We especially like “Short Term Noncore Funding as a Percent of Total Assets”.Read More
T2S, Collateral and Liquidity
Frankfurt June 2, 2015
London June 3, 2015
Paris June 4, 2015
Clearing and Market Infrastructure for Repo, Funding and Liquidity
New York June 10, 2015