South Africa hedge fund proposals due by mid-year

Bert Chanetsa

The South African Financial Services Board (FSB) expects to produce final recommendations on the regulation of hedge funds by mid-2010, says Bert Chanetsa, Pretoria-based deputy executive officer for investment institutions at the agency. "In the first half of this year, we should be in a position to make firm recommendations for the regulation of the alternative investment industry," says Chanetsa, in an interview with Risk. However, he cautions this would only be the beginning of a consulta

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