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Archive for July, 2011
The fine line between financial disclosure and transparency
Between financial disclosure and Transparency
It is sometimes baffling that US with all its high financial disclosure standards still ended up with failed companies like Enron and WorldCom. Even with Sarbanes Oxley, Lehman still failed. Is it a failure of regulation or failure of inadequate disclosure? Perhaps it is in searching for these answers that world powers are overhauling their financial regulations and inevitably rolling out new financial disclosure standards. Following the massive crisis in the international financial markets there has been an increased call by both the regulatory bodies, national governments and the general public for increased financial disclosure in the financial statements of especially quoted companies.
Quote: disclosure standards, financial disclosure requirements, inadequate disclosure, intelligent decision, international financial markets, national governments, sarbanes oxley
Tapping into the Billionaires – Colorado based hedge fund managers benefit from traffic in Aspen and Vail
Media and research house Opalesque has published a 23 page protocol of a hedge fund roundtable (the Opalesque Colorado Roundtable, download here http://www.opalesque.com/RT/RoundtableColorado.html) held in Denver, Colorado with local hedge fund managers and consultants. The Opalesque Roundtable Series highlights fundamental developments within the global hedge fund industry, a full archive with over 40 Roundtable scripts can be accessed here: www.opalesque.com/index.php?act=archiveRT.
The Roundtable found that Colorado’s hedge fund manager base is more talented and diverse than ever, but Denver is still mostly remembered as the home of Janus, the large mutual fund firm in the hey days back in the 90s. However, similar to Boston, quite a few hedge fund managers have spun out successfully from the mutual funds, while another batch of managers worked originally at the East Coast and decided at some point during their careers to set up in Colorado.
Quote: asset allocators, bill plummer, global hedge fund, hedge fund manager, hedge fund managers, lars soderberg, rothstein kass