When hedge funds signalled their interest in participating in the energy tradingand financing markets a few years back, most market participants viewed the newsas a positive development. Their entry would aid liquidity, and cash injectionsfor troubled power plants could only be welcomed, the argument went.
The tide may have turned, however, as a number of senior bankers have begun toexpress concern about the role of hedge funds in the market.
Hedge funds have actually done little to improve t
To continue reading...
Start a Risk.net Trial
Register for a Risk.net Business trial to access this article. Sign up today and get access to: