6th Annual SS&C Hedge Fund Symposium Highlights the Future of Hedge Funds

London - 22 May 2009

SS&C Technologies, Inc., a global provider of financial services software and software-enabled services, held its 6th Annual Hedge Fund Symposium, last week, on 14 May, in London. This industry event discussed key trends facing hedge funds today: risk and regulation. The event attracted more than 85 hedge fund professionals and featured a thought leadership panel on current and future challenges for hedge funds.

The panel was moderated by Richard Greensted, Editor of Script Issue, and participants included Simon Hookway, CEO of MSS Capital and Managing Partner of MAG capital; Jon Mills, Partner at KPMG; Duncan Crawford, Head of Capital Introductions, Prime Brokerage at Newedge Group; Peter Astleford, Partner at Dechert; and Joe Seet, Senior Partner at Sigma Partnership.

On the topic of regulation, Peter Astleford, Partner at Dechert, advised, "The proposed directive on alternative investment funds was prepared in too great a hurry and is too ambitious. However there are some useful parts that will help restore confidence to the industry and improve marketing opportunities in Continental Europe."

On a more positive note for the industry, Jon Mills, Partner at KPMG, commented, "There really are plenty of reasons for the hedge fund industry to be optimistic in 2009 and beyond - we are seeing improving performance during Q1, institutional investors continuing to allocate assets to alternative investments, a healthy pipeline of new fund launches and recognition from regulatory bodies that hedge funds were not the cause of the financial crisis."

"Although the alternatives industry as well as the global financial services industry as a whole is going through arguably the biggest change it has seen, there are still many challenges and opportunities for the remaining participants,” host of the event Edwin Parker, Business Development Manager of SS&C Funds Services EMEA, an independent Fund Administration service provider, explained. “Alternative investments will continue to remain a pivotal part of any investment portfolio diversification. Having the right service provider and technology partner helps ensure that managers stay ahead of the game. As one of the largest independent administrators globally, SS&C Fund Services delivers big firm resources with small firm responsiveness."

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