Pension funds fear EU hedge funds rules

Dutch pension funds have warned that proposed European Union regulation of hedge funds and private equity would cost them €1.5bn a year, adding to increasingly vocal criticism of the draft law from investors across Europe.

In a strongly-worded letter to the European Parliament’s Committee on Economic and Monetary Affairs, 10 of the biggest Dutch pension funds with €500bn of assets said the proposed EU law would 'have an undue negative impact' on their industry.

ESO: Background information: EU hedge fund laws would hit growth, says study http://www.europeansources.info/record/eu-hedge-fund-laws-would-hit-growth-says-study/

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