Hedge funds off the hook!
That’s right folks; you’ve read the headline correctly. According to the European Union’s top parliamentarian, hedge funds are not to blame for the worst financial crisis in a generation. Nevertheless, he continued, to save us from the evil that they do, in the future hedge funds need to be regulated the way the banks are. I am shocked, shocked, I say, that a person of such high standing would dare say such a thing in public, let alone publish the comment in a report that went around the globe. But it’s true, hedge funds, in case you’re wondering, are not to blame for the credit market crisis, the failure of […]
I was feeling kind of seasick…
The discussion on this week’s HedgeAnswers call was fast and furious, because people are confused and even a bit dazed about where the hedge fund industry is going, how it is going to survive and what the future holds for managers and investors alike as the potential for regulation is becoming a reality. I am pleased to report that yes, the industry will survive and even thrive in the years to come. Sure, regulation is coming down the pike, and Congress and many of the state houses around the country are searching for ways to regulate what they see as an unregulated industry. Well, don’t worry, the industry will adapt, […]