EU directive may cost funds 3.2 billion euros
Friday, October 16, 2009 : PermalinkReuters – Hedge funds and private equity could face more than 3 billion euros in costs and investors could see fund choice shrink by up to 40 percent due to proposed new EU rules, a Financial Services Authority report said.
The analysis of the impact of the Alternative Investment Fund Managers (AIFM) directive conducted by Charles River Associates and commissioned by the FSA found that it could load one-off costs of up to 3.2 billion euros on the affected parts of the funds industry.
More on this topic
(What's this?)
“Crash the Euro” and Profit with a 5-Letter Code
(Stock Gumshoe, 9/14/09)
Guest Post: Ambrose Evans-Pritchard & the City’s hard EU choices
(naked capitalism, 9/16/09)
More evidence of what I’ve been saying about what’s going to happen to the dollar …
(Real Wealth - Global Wealth Report, 10/26/09)
64 minutes to change your financial life …
(Real Wealth - Global Wealth Report, 8/18/09)
Leave a Comment:
Related posts
Tags:
alternative investment, financial-services-authority, hedge funds, investment fund managers, Private Equity