Funds Hub
Money managers under the microscope
Morning line-up: Merkel on Greece, U.S. financial reform, hung parliament
News and views on the fund sector from Reuters and elsewhere:
Merkel tells Greece it must cut costs more to get German help – Reuters
Best of British
There has been no shortage of calls from continental European leaders such as Angela Merkel and Nicolas Sarkozy for regulation of the hedge fund industry to limit potential systemic risks to the global financial system.
But it’s little surprise that some executives in London, where the vast majority of European hedge funds are actually based, have privately suggested the calls stem from motives rather more mixed than simply wanting better regulation.
