What do the Germans know that the Canadians don’t?
Nov 30th, 2006 | Filed under: Hedge Fund RegulationGermans are very astute. They see things that others do not. For example, they view the highest number of pages per visitor at AllAboutAlpha.com, they find redeeming qualities in the career of David Hasselhoff, and apparently, they see something in the world of hedge funds that gives them serious pause. What is it the Buba sees that the Bank of Canada does not?
“Disruptive effects might be generated by hedge funds, whose major presence in some market segments has a considerable impact on price movements…”
German Bundesbank, November 2006 (Financial Stability Review Report)
“Hedge funds have had a largely positive impact on the efficiency of financial markets in Canada. There appears to be no reason to sound the alarm.”
David Longworth, Deputy Governor, Bank of Canada (October 2006)
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