Monday, September 21, 2009

Possible EU hedge fund regulations could cost $1.3 billion euros

According to Reuters, the EU has introduced a new legislative action called "Alternative Investment Fund Managers" directive with could impose regulations on where hedge fund can be sold along with imposing control on the leverage. This bill was adopted in order to control future financial mishaps. Should it be adopted, it will go into effect in 2012. Read the full article here.

Tuesday, September 8, 2009

Hedge funds continue to grow in August

According to Reuters, hedge funds continued to grow on account of the hope of economic recovery. The average hedge fund rose 1.85%, which was the sixth straight month that hedge funds continued their increase in funds after facing the steep losses late last year. Read the full article here.