{"id":11174,"date":"2009-08-04T00:00:00","date_gmt":"2009-08-04T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"eu-law-may-cost-pension-industry-billions-of-euros-aima-claims","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2009\/eu-law-may-cost-pension-industry-billions-of-euros-aima-claims.html","title":{"rendered":"EU Law May Cost Pension Industry Billions of Euros, AIMA Claims"},"content":{"rendered":"<p>Bloomberg &#8211; The European Union&#8217;s plan to regulate hedge funds will cost the bloc&#8217;s pension industry about 25 billion euros ($36 billion) a year, the Alternative Investment Management Association said.             <\/p>\n<p>The proposed law would drive pension funds toward more traditional assets such as equities and bonds or cut the returns on their investments in hedge funds and private equity, London- based AIMA, the largest trade group representing the industry, said in a statement today.     <\/p>\n<p>&ldquo;This is an estimated figure but it shows the potentially enormous impact that the directive could have on Europe&rsquo;s pension funds and in the longer term, Europe&#8217;s pensioners,&rdquo; AIMA Chief Executive Officer Andrew Baker said in the statement.     <\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601102&#038;sid=aE2nfLhv0mRY&#038;FORM=ZZNR3\" target=\"_blank\" title=\"Read Complete Article\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; The European Union&#8217;s plan to regulate hedge funds will cost the bloc&#8217;s pension industry about 25 billion euros ($36 billion) a year, the Alternative Investment Management Association said. The proposed law would drive pension funds toward more traditional [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,4],"tags":[457,4760,14905,3004,5390,14904,5309,3221,11708,4756,1482,3364,14903,1555,3003,11183,5861,289],"class_list":["post-11174","post","type-post","status-publish","format-standard","hentry","category-private-equity","category-syndicated","tag-alternative-investment-management-association","tag-andrew-baker","tag-bloc","tag-bonds","tag-chief-executive-officer","tag-enormous-impact","tag-europe","tag-european-union","tag-hedge-funds","tag-investment-management-association","tag-investments","tag-london","tag-pension-industry","tag-pension-funds","tag-pensioners","tag-rsquo","tag-trade-group","tag-traditional-assets"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11174"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11174\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}