The value of hedge funds
Wed Apr 20, 2011
Andrew Baker, chief executive officer, Alternative
Investment Management Association
The financial crisis placed the global hedge fund industry
under unprecedented pressure. Not only did it lead to a
significant contraction of the industry - now largely reversed
- but it also created major legislative and regulatory
challenges that we continue to face today. Lawmakers around the
world felt free to criticise the industry and to propose
unhelpful laws restricting investors' choice, damaging market
efficiency and needlessly raising costs, thereby threatening
the very future of the sector. ...
ISSN: 2151-1845 / CDC10004H
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