ECB Board Member Warns On Hedge Fund Information

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.


In Depth

Q&A: Executive Recruiter Talks Hedge Fund Closures, Hiring Trends

Dec 19 2014 | 6:58am ET

This year, hedge funds have been closing at a rate not seen since the financial...

Lifestyle

Cooper-Hohn Won't Contest Divorce Settlement

Dec 18 2014 | 9:51am ET

The ex-wife of hedge fund billionaire Christopher Hohn will not contest a divorce...

Guest Contributor

Alternative Investment Funds Face A Communications Imperative

Dec 19 2014 | 6:10am ET

A handful of the top alternative investment firms on both sides of the Atlantic...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.