DMS Offshore on fund governance

In its January 2014 issue, The NED, a monthly publication by IFI Global Ltd., features DMS Founder Don Seymour in its ongoing series on alternative fund governance issues.
Don surveys the landscape of global alternative fund governance and provides insights into the forces shaping the industry.
“Institutionalization and regulation are the two most powerful forces shaping the hedge fund industry. Transforming this industry will not be easy as many people are still invested in cottage industry idea, but it is counterintuitive to believe that, if governance is truly important to investors and regulators, why they would accept lesser professional standards from directors than those expected from any other service provider to the fund, such as the administrator, auditor or investment manager,” he argues. | READ MORE