Mon, Oct 24, 2016
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

German Chancellor Angela Merkel to ask G20 for stiffer hedge fund regulation

Wednesday, August 28, 2013

German Chancellor Angela Merkel
Komfie Manalo, Opalesque Asia:

German Chancellor Angela Merkel has pledged to ask G20 members to impose stiffer regulation against hedge funds during its upcoming meeting on Sept. 5-7, reported

Speaking at a rally in Rhine City at Bonn, Merkell said she would urge members of G20 during their meeting to be held at St. Petersburg to "speak with one voice" as she laments on the slow progress in implementing tighter rules on hedge funds and shadow banking.

Merkell is scheduled to attend the G20 meeting ahead of the Sept. 22 election as she vowed to make Germany emerge economically stronger from the financial crisis and told Germans her government would push for more reforms and save taxpayers from banking failures and keep those responsible liable.

Merkell is not alone in pushing for more regulations on shadow banking. According to Reuters, world leaders attending the G20 summit are expected to push for tighter regulations on shadow banking that is seen as a risk to the global economy.

It added that shadow banking, estimated to reach $60tln annually, or the same size as the world economy, poses a systemic threat for taxpayers. The shadow banking sector comprises different financial intermediaries, including hedge funds, money mark......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. M&A - U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga, Hedge fund Parvus shows hand, toppling William Hill merger deal[more]

    U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga From The fierce battle to buy Britain's biggest private equity group has come to an unexpected conclusion, with the original bidder walking away with the prize. SVG Capital has agreed

  2. Marc Lasry: Energy is still a phenomenal opportunity[more]

    From Distressed debt specialist Marc Lasry said energy debt is still a "phenomenal opportunity" because investors can get "massively overpaid" for the risk they take on. There are "huge opportunities" in the energy sector especially in restructurings, the Avenue Capital Group CEO said Tues

  3. Opalesque Exclusive: Ex-SAC manager re-emerges with market neutral hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A manager re-emerged from the SAC battleground last year to launch his own hedge fund under the umbrella of New York-based investment firm Endicott Group.

  4. North America - Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation, Billionaire hedge fund titans Dinan, Lasry on election, markets and best investment ideas[more]

    Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation From Kyle Bass, founder of Hayman Capital Management, on Wednesday warned that the U.S. is headed toward so-called stagflation. Stagflation is typically described as persistently high inflation and hi

  5. Other Voices: Follow the advice of investment consultants - I think not[more]

    Mark Rzepczynski, Founding Partner, Chief Investment Officer AMPHI Research and Trading, writes on Harvest Exchange: Investment consultants are a force to the reckoned with in the pension world. They advise and drive many pension decisions around the globe. Consultants literally control trillion