Financial services giant launches in-house funds in wake of "gigantic" reporting rules

COMPLIANCE | GERMAN FUNDS FEEL RULES TOO ONEROUS TO COMPLY WITH

LONDON -- Certain German-based hedge fund firms are baulking at offering funds of external hedge funds in the country due to reporting rules implemented by BaFin, the German regulator, which certain practitioners feel are too difficult to comply with using external funds.

Christian Wrede, chief executive of Axa (Germany) says that as a result of the new reporting rules, the financial services giant is planning to launch a fund of in-house hedge funds by the second quarter of 2004. This, he

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: