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February 03, 2006

Effort to improve EU framework for alternative investments

In order to improve the EU framework for alternative investment funds, the European Commission has created a group with hedge fund experts. This group will analyze the current organisation of the funds and will examine the difficulties that the operators in this field face. The HedgeWeek reports:

The experts will produce reports on their findings, which will be discussed with regulatory bodies and other stakeholders in order to test the implications of any recommendations from a broader public interest perspective. In compliance with the Commission decisions on the composition of these groups, experts have been selected on the basis of nominations received from 13 European-level associations.

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