Fears for super as hedge funds play

NEWS.com.au- THE Federal Government is concerned that increased hedge fund activity in the current market conditions could damage national superannuation savings.

Superannuation Minister Nick Sherry said  that while the Government could not regulate against hedge funds or investment strategies, it could consider greater reporting requirements for the funds.

He said that although the Government agreed hedge funds played a role in the natural mechanisms of the market, greater volatility had resulted.

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