{"id":5611,"date":"2007-01-30T00:00:00","date_gmt":"2007-01-30T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"ecb-weber-calls-for-hedge-fund-code-of-conduct","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/01\/2007\/ecb-weber-calls-for-hedge-fund-code-of-conduct.html","title":{"rendered":"ECB&#8217;s Weber calls for hedge fund code of conduct"},"content":{"rendered":"<p>  <img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~4\/83366524\" border=\"0\">DAVOS, Switzerland (Reuters) &#8211; A voluntary code of conduct by the hedge fund industry would be an important  first step towards better oversight of this fast-growing segment of the financial markets, European Central Bank Governing Council member Axel Weber told Reuters.<\/p>\n<p>  Germany has placed greater transparency of hedge funds, a powerful force in financial markets with $1.7 trillion (870 billion pounds) of assets, high on the agenda for its presidency of the Group  of Eight (G8) leading industrial nations this year.<\/p>\n<p>  Financial regulators are concerned that the risky trading strategies of these pools of money, originally catering for the ultra-rich but which have grown rapidly over the past five years, could  threaten the stability of the financial system.<\/p>\n<p>  &nbsp;<\/p>\n<p>  This worry has displaced concerns about energy costs, the U.S. dollar or cheap cash as the major threat to the world economy here at the World Economic Forum.<\/p>\n<p>  <a href=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~3\/83366524\/newsarticle.aspx\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DAVOS, Switzerland (Reuters) &#8211; A voluntary code of conduct by the hedge fund industry would be an important first step towards better oversight of this fast-growing segment of the financial markets, European Central Bank Governing Council member Axel Weber told [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5611","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5611"}],"version-history":[{"count":0,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5611\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}