Abstract

The recent crisis has demonstrated the potential destabilizing role of collective investments in economic and financial systems. This report considers rule relating to regulation of these funds which has differed markedly after the financial crisis. Regarding hedge funds, the rules regulating offerings, management, and taxation. Private equity funds have enjoyed relatively less regulation than hedge funds. In recent years, however, reform efforts in the U.S. and Europe have targeted both types of investment vehicles. Sovereign wealth funds play a considerable role in financial systems, holding a substantial portion of world wealth. The report surveys recent guidelines and code of conduct developed by the IMF in 2008.

Keywords

Institutional Investor Systemic Risk Hedge Fund Private Equity Fund Manager 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer Science+Business Media B.V. 2012

Authors and Affiliations

  1. 1.University of GhentGhentBelgium

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