Man Investments takes compliance lead
IMPLEMENTATION | HEDGE FUND GROUP ROLLS OUT PERSONAL-ACCOUNT DEALING SOFTWARE
LONDON – Man Investments (Man), Europe's largest hedge fund group, with approximately £40 billion in assets under management, has implemented StarCompliance's 'code of ethics' software to automate its compliance procedures across its 15 global sites.
Robert Aitken, Man's global head of legal and compliance and an ex-FSA employee, says what most appealed to his firm was the software's ability to monitor personal account dealing (PA) activities for the firm's 900 employees.
"Nearly all regulators
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