More window dressing

According to reports in The New York Times and The Washington Post, the Treasury Department's Asset Managers' Committee (AMC), chaired by Eton Park founder and former Goldman Sachs executive Eric Mindich, has issued several recommendations focused on hedge fund valuation, accounting, and auditing practices. A separate investors' committee headed by Calpers chief investment officer Russell Read has issued questions fiduciary investors should ask themselves prior to making hedge fund allocations.

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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