Retail distribution is dangerous for hedge fund industry, warns expert

An expansion of hedged products into the retail market could cause Europe's hedge fund industry to 'lose its way' and suffer from diminished returns, according to a hedge fund expert.

Raffaele Jerusalmi, executive director of Borsa Italiana, told the Italian stockmarket's conference in Milan in early June that the performance of Europe's hedge funds could fall if restrictions imposed to protect retail consumers restricted the funds' investment universe.

Jerusalmi attributed the Europe-wide push

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here