Wary about hedge funds

Hedge funds are not the most popular form of investment in Germany. While they are not quite termed 'wicked', the alternative investment class is not too far off this description. Conservative Germans, and particularly the government, have a particular distaste for what some politicians term 'locusts' that feed off unsuspecting and presumably honourable German companies.

The German attitude stems mainly from activist hedge funds based in London who helped block Deutsche Borse's (the German stock