US - Hedge fund managers have downplayed any negative effects the US government's plans to curb bank activities with hedge funds could have on pension fund investors, saying many of those cut adrift from banks could set themselves up independently.
Last month, President Barack Obama also proposed stopping banks investing in or running private equity funds. (Global Pensions; January 22, 2009) The practitioners added that his final goal, ban...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
