Calculating assets under management (AUM) is set to change for certain hedge funds, as a calculation used by the Securities and Exchange Commission, called Regulatory Assets Under Management (RAUM), is set to take place. The Managed Funds Association (MFA) published a PowerPoint presentation explaining the changes. New SEC guidelines: “Regulatory Assets Under Management (RAUM)” When reporting to regulators, managers must now report assets managed without deduction of any offsetting liabilities, the presentation noted. This number represents all of the assets managed by a single manager, including assets of separate accounts and separate private funds. Many hedge fund managers, such as quantitatively…
Managed Funds Association Details New AUM Reporting
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.