Inbrief

A second tranche of hedge fund management companies signed up to industry standards of best practice last month. The new signatories, which include Arrowgrass, BlackRock, Concordia Advisors, New Star, Proxima Alfa and Ruby Capital Partners, join 14 funds that contributed to creating the UK standards this year (EP9, issue 10, p5). About half of all hedge fund assets under management in Europe have now said they intend to meet the standards.