Esma’s move on hedge fund leverage worries industry

Critics say proposed guidelines rely on patchy data and inconsistent calculations

esma-leverage-hedge-fund.jpg

On March 27, in the middle of the worst economic crisis in generations, Europe’s securities regulator published a proposal that, according to one hedge fund lobbyist, could upend the business models of scores of firms.

Others predict less drastic impact from the guidelines on regulatory leverage limits for hedge funds, private equity and real estate funds, and other alternative investment funds (AIFs). But most people in the industry agree the proposal by the European Securities and Markets

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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: