(Reuters) The amount of leverage taken on by private equity and hedge funds should be kept under control as it has the potential to jeopardise the stability of the European financial system, the European Central Bank’s vice-president said on Monday.”First, we need to develop a framework to better control the leverage of alternative investment funds in the European Union,” Vítor Constâncio said during a speech in London.
Hedge Funds’ Leverage Should be Kept in Check – ECB’s Constancio
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