Borsa boosts Italy’s lagging hedge funds

Rule changes in January meant to spur retail investment in Italian hedge funds have not succeeded, spurring the Borsa Italiana to launch a campaign to boost investor interest in the sector. “Interest in the Italian market has dwindled a little, we want to revive it,” says Massimo Capuano, president and chief executive at Borsa Italiana, speaking at the exchange’s hedge fund conference in Milan last month.

The Italian Treasury issued two decrees in January: the first doubled the number of

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