Hedge Funds Pay More For Regulatory Compliance: Survey

Law360, New York (October 17, 2013, 2:11 PM EDT) -- Hedge funds are increasingly paying more to comply with regulators, spending between 5 and 10 percent of their operating costs on compliance tech and strategy, a global survey by three analysts found Thursday.

KPMG International, the Alternative Investment Management Association and the Managed Funds Association surveyed 200 hedge fund managers with a combined $910 billion in assets. They found that on average, compliance costs ran small funds $700,000, medium funds $6 million and large funds $14 million. These costs are more burdensome to smaller hedge funds,...
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