Carlsberg chief calls for hedge fund crackdown

Telegraph – In an interview with The Daily Telegraph, Jorgen Buhl Rasmussen said activity by some hedge funds was “value destructive” and that regulators should look at imposing controls on a global basis. He warned that such a move would, however, be “close to impossible”.

Warning that Carlsberg would have to raise its prices this year to cope with poor harvests in Russia and eastern Europe, Mr Rasmussen also suggested the brewer could introduce a more radical change to cope with commodity price moves.

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