(FINalternatives) A new hedge fund industry working group, formed to focus on data management, quality consistency and cost reduction, has officially launched.
The new group, named The Data Management Working Group for the Alternatives Industry (DMWGAI), met in New York in January after several months of work by a group of core industry leaders, the group said in a statement. More than 150 senior executives from across the hedge fund industry attended the kick-off meeting.