Saturday, October 21, 2006

Fund transparency put on G8 agenda


Germany is putting hedge fund transparency on the agenda of next year’s meeting of the group of eight leading industrial nations in the wake of the Amaranth debacle.

Peer Steinbrück, the German finance minister, said on Tuesday that Germany saw “the new sensitivity” in the US about the systemic risks of hedge funds as an opportunity to discuss the issue.

See full Article.