Wells Fargo Exec: Some Hedge Funds Uncomfortable With Vendors' Evaluated Prices

frankfurt-pricing

Not all hedge funds are comfortable using evaluated prices from vendors, but regulators increasingly favor this approach, an executive from Wells Fargo Global Fund Services told delegates at this week's Frankfurt Financial Information Summit.

Daniel Johnson, Surrey, UK-based vice-president for valuations at fund administrator Wells Fargo Global Fund Services, said pricing vendors believe they are providing much greater transparency into their methodologies today and are very confident about the

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