AIMA steers towards a good result at the G-20 Summit

Fri May 1, 2009




By Neil Wilson

It's certainly not the end of the matter - it's probably only the end of the beginning. More registration, reporting and oversight requirements for hedge funds now seem inevitable. Yet, following the recent G-20 Summit in London, it seems that these new requirements are likely to be more sensible, proportionate and appropriate - maybe even beneficial to the long-term health of the industry - and not the kind of drastic, sweeping overreaction many had feared.

The devil, of course, is in the details. But it appears that the major restrictions on hedge funds called for ahead of the G-20 by world leaders like President Nicolas Sarkozy of France and Chancellor Angela Merkel of Germany have been averted, at least for now. What those restrictions would have been is far from clear. But in a febrile political atmosphere with public opinion inflamed by the scale of the global financial crisis -...

ISSN: 2151-1845 / CDC10004H

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