Moody's has extended its hedge fund Operational Quality Rating Methodology to encompass managed accounts.
Moody's will use the same OQ rating definition, scale and approach for managed accounts, including managed account platforms, as for a traditional hedge fund.
"The operational risk analysis for hedge fund shareholders and managed account holders is similar," says Joanne Job, Moody's analyst and author of the rating implementation guidance. "We therefore felt it was appropriate to use a modified version of our existing Operational Quality rating methodology to analyse the risk associated with managed accounts."
Estimates suggest that the top ten managed account platforms exceed USD40bn in assets under management (as of March 2010) or approximately two per cent of the total hedge fund industry assets.
Exploiting the volatility premium through systematic strategies
With over $2bn in AUM just two years after launch, Empureon is leveraging volatility premiums, portfolio hedging and portable alpha to…
More
Alternative Views Ahmet Peker and Daniel Lucke
In Alternative Views Hedgeweek®,goes behind closed doors with those in the know to get the latest on hedge funds. Today, we speak to Ahmet…
More
Removing human bias from an concentrated market
Mast Investments outline how systematic investment processes seek to reduce behavioural biases while identifying opportunities created by…
More