Pension Funds And Hedge Funds

Pension Funds And Hedge Funds

Pension Funds And Hedge Funds

Early 2010 has seen an increasingly heated debated over the hedge fund regulation in European markets. The global recession of the previous two years, coupled with fresh concerns over the roles of such funds in worsening the Greek debt crisis, have led to a strong contingent of European politicians calling for tighter control of hedge funds. The proposed directive has become a highly political issue as it is seen by the Anglo-American camp as a direct attack on their business interests.

Global Market Recession

The twenty first century began relatively brightly for the financial industry, but by the end of the decade it had turned into a nightmare. After the collapse of the sub-prime market triggered a recession in 2008 almost £4.5 trillion was spent world wide in bailing out tottering financial institutions.

Even before that, hedge funds were already getting bad press for their hostile actions in the blocking a Deutsche Börse bid for the London Stock Exchange, while early 2010 has seen new panic over an apparent sovereign debt crisis in Greece, Spain, Portugal and Ireland.