The Number 51

UK’s HFSB reaches half its goal to get 100 European funds to abide by its code.

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The Hedge Fund Standards Board is halfway home.

One of its goals is to get 100 European hedge funds to agree to abide by its code of conduct by year-end. As of early June, 51 managers — out of 400 to 450 potential signatories — had done so.

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