The Morning Risk Report: Impact of New Money Laundering Rules Is Uncertain
New rules applying anti-money laundering requirements to investment advisers will impose additional compliance costs on hedge funds and other money managers, but the level of cost is uncertain because the reach and rigor of the new rules isn't yet clear.
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Donald Trump: Hedge fund workers aren't paying enough in taxes
These hedge fund guys, they move around papers, many of 'em. You know, if the market goes up they're geniuses, [if] the market goes down … they go into a different business, frankly. They're wiped out. They go into a different business,” Mr. Trump ...
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The Poison in Further Devaluation
In a Business Day report of 22/7/15, titled "CBN may fail Hedge fund speculators' betting on Naira devaluation", Sewa Wusa, Head of Research and Development of Sterling Capital observed that "the onus lies on the CBN to devalue the Naira before it is ...
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