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From Komfie Manalo, Opalesque Asia:

French research and business school EDHEC and European banking group CACEIS have announced the creation of a research chair on 'Risk and Regulation in the European Fund Management Industry,' in the face of challenges faced by the asset management industry in Europe. Under the deal, EDHEC researchers would develop solutions to address major risks facing the region's asset management industry, a joint statement said. The chair will be headed up by Noel Amenc, director of EDHEC-Risk.

Professor Amenc said: "The purpose of this research chair is to analyse the major risks faced by the main actors in the European fund management industry due to their practices and the regulations; measure the importance of these risks and their impact on the actors' solvency and business models; and propose rules and solutions that will enable the risk of the actors in the fund management industry to be limited." (See full press release here).

UK minister claims success in the fight against EU hedge fund rules London minister Lord Myners on Monday claimed success in the fight against the European Union's plan to enforce strict rules which he said, could have adverse affect on London's hedge fund industry. Myner's visit to Brussels, where the EU parliame......................

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