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Hedge funds get backing for lighter rules as EU opens review of alternative-investments law

By John Rega ( February 19, 2019, 14:18 GMT | Insight) -- Hedge funds and buyout firms have gained support for lighter rules in a key preparatory step of the EU’s review of its law for alternative investments. Reporting, disclosure, asset safekeeping, valuation and bonus requirements have been too onerous, KPMG said in a study for the European Commission.Hedge funds and buyout firms have gained support for lighter rules in a key preparatory step of the EU’s review of its law for alternative investments....

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