AI market round-up: G8 to examine hedge fund risk

Germany’s deputy finance minister, Thomas Mirow, has promised that industrial nations will “coordinate efforts to reduce risks posed from hedge funds”, in a briefing dealing with Germany’s upcoming presidency of the G8 in 2007. He did, however, add that regulation might not be the way to reduce risk, suggesting that more transparency might rather do the job.

Germany’s deputy finance minister, Thomas Mirow, has promised that industrial nations will “coordinate efforts to reduce risks posed from hedge funds”, in a briefing dealing with Germany’s upcoming presidency of the G8 in 2007. He did, however, add that regulation might not be the way to reduce risk, suggesting that more transparency might rather do the job.

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