| ( www.businessstandard.com ) – Hedge funds do not pose a systemic risk to the world’s financial system, but there is a need to look into the way in which they are sold to smaller investors, according to Malcolm D Knight, general manager, the Bank for International Settlements (BIS). |
| Asked by reporters at a banking conference in Mumbai, organised by Federation of Indian Chambers of Commerce and Industry (Ficci), whether there is a need to regulate global hedge funds, Knight said, the hedge funds are regulated the least. |
| “All hedge funds have trillion dollar assets and have a heterogeneous group of investors. They also have different strategies. So, I do not think they pose a systemic risk to the world’s financial system,†he said. |
Hedge funds likely to pose a risk to retail investors
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