Tag Archives: proposals
London Mayor to Urge EU to Relax Plan for Hedge-Fund Scrutiny
London officials including Mayor Boris Johnson will today urge the European Parliament to modify proposals to tighten scrutiny of hedge funds and buyout firms, calling the steps “narrowly protectionist.” Bloomberg – The rules under consideration in Brussels would limit the […]
David Prosser: At last, some good news for hedge funds
The Independent – Grimly aware that a European Commission crackdown on regulation of hedge funds and private equity spells disaster for the EU’s predominantly London-based industry, Treasury ministers have been desperately lobbying their counterparts in Brussels for months, but their […]
Why private equity regulation may be unnecessary
GrowthBusiness.co.uk – Its proposals would, if enacted, put an additional burden on both funds and the companies in which they invest. They have been greeted with dismay in the City, but what would they mean for the industry? The central […]
Hedge fund regulation to capture listed fund sector
Citywire.co.uk – European regulation intended to introduce some controls on hedge funds will inadvertently capture almost all investment trusts. Draft rules released by the European Commission define ‘alternative’ funds as any non-UCITS investment fund, said the Association of Investment Companies. […]
Hedge clippers
Times Online – They must think it’s Christmas in Geneva. Alistair Darling delivered an early present last week by slapping a 50 per cent tax rate on top earners. Highly paid but footloose financiers are now betting when the rate […]
Hirco shareholder seeks ouster of chairman, 2 directors
Forbes – India-focused property firm Hirco Plc said on Monday hedge fund and shareholder Laxey Partners Ltd has sought a shareholder meeting to remove chairman and two other board members, and to appoint its nominees on Hirco board. Laxey has […]
Shapiro a Madoff Victim
HorseRaceInsider.com – Richard Shapiro, former chairman of the Califorinia Horse Racing Board, has been "devastated" financially by the $50-billion Ponzi scheme that was engineered by Bernard Madoff, according to a letter that Shapiro wrote to a U.S. Congressman. "Nearly all […]
The Central Bank of Bahrain Joins Hedge Fund Summit
West Palm Beach (HedgeCo.net) – The Central Bank of Bahrain will be participating in the Hedge Funds Review, Middle East Summit in Bahrain on November 11-12, 2008. "As the funds industry continues to gather pace in the global arena, the CBB […]
