Washington, DC – MFA issued the following statement from MFA Head of Global Government Affairs Jillien Flores on FCA’s launch of consultation on Consolidated Tape for Bonds:
“A consolidated tape will strengthen market data quality and transparency, enhancing the competitiveness of UK capital markets. This will strengthen the ability of alternative asset managers to deliver reliable, cost-effective returns for their investors, including UK pensions. We look forward to working with the FCA as they continue to seek opportunities to cement the UK as a premier financial center.”
About the Global Alternative Asset Management Industry
The global hedge fund and alternative asset management industry, including hedge funds, credit funds, and crossover funds, has assets under management of $4 trillion (Q4 2022). The industry serves thousands of public and private pension funds, charitable endowments, foundations, sovereign governments, and other global institutional investors by providing portfolio diversification and risk-adjusted returns to help meet their funding obligations and return targets.
About the Managed Funds Association
Managed Funds Association (MFA), based in Washington, DC, New York, and Brussels, represents the global alternative asset management industry. MFA’s mission is to advance the ability of alternative asset managers to raise capital, invest, and generate returns for their beneficiaries. MFA advocates on behalf of its membership and convenes stakeholders to address global regulatory, operational, and business issues. MFA has more than 170 member firms, including traditional hedge funds, credit funds, and crossover funds, that collectively manage nearly $2.2 trillion across a diverse group of investment strategies. Member firms help pension plans, university endowments, charitable foundations, and other institutional investors to diversify their investments, manage risk, and generate attractive returns over time.