Sunday, 21 September 2014
Last updated 1 day ago
Oct 25 2010 | 2:02am ET
Despite the recent deal on European Union hedge fund regulation and a growing consensus among G-20 countries about transparency in the alternative investments space, Europe's central banks may still go wanting when it comes to information about hedge funds.
Jürgen Stark, a member of the European Central Bank's board, warned that Europe's regulators may have to make do with less information than they need.
"International initiatives, for example under the auspices of the G-20, are very welcome but are likely to find solutions only in the long term," he said at a conference last week. "We… have to accept that we will not be in a position to measure everything we would like to measure."
In particular, Stark cited securitizations as being problematic.
A major part of the EU's new alternative investments directive, expected to be passed by the European Parliament next month, are strict new reporting and custody requirements for hedge funds.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.