Tuesday, August 9, 2011


Shadow Accounting - Another Recycled Product

By Dermot Butler, Chairman of Custom House Global Funds Services Ltd.

Shadow accounting is nothing new as it relates to the ‘checks and balances’ procedures used to verify hedge fund and CTA performance numbers. In “Shadow Accounting — Another Recycled Product,” Butler, sheds light on the value-added advantage that an independent administrator brings to this important charge in ensuring proper fund management practices.

Read the full study here.

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