North becomes signatory to HFSB

Wednesday, 25 August 2010

In August 2010 North Asset Management was pleased to become a signatory to the Hedge Fund Standards Board Ltd.

The Hedge Fund Standards Board Ltd  was set up to monitor conformity to the “hedge fund best practice standards” . The Standards are a set of voluntary standards drawn up by the hedge fund industry with conformity through a “comply or explain” regime. A manager who becomes a “signatory” to the Standards “conforms” to the Standards if, in respect of each Standard, it either complies with that Standard or explains that it will not so comply, and why.

As a leading and well established hedge fund manager, North Asset Management has always applied best practice and consequently is delighted to conform to the industry standards as established by the HFSB.

Please read our Disclosure Stament

For more information visit the HFSB website at http://www.hfsb.org/