2007

La lettre 32 - July 2007 - PDF 720 Ko

Hedge funds and private equity : The stakes for Switzerland

Michel Y. Dérobert, Executive Director

"Hedge funds" and "private equity" : two terms that have become an integral part of the financial world's basic vocabulary. However, in some countries, they have recently attracted the attention of politicians, occasionally inciting their harsh comments. The question of how to regulate these alternative investment vehicles - hedge funds in particular - has also been raised, but as yet there is no consensus. Nevertherless, the fact remains that the general public's knowledge of what these terms really mean is still lacking.

The aim of this edition of "La lettre" is to outline, in broad terms, one of the most dynamic sectors in the financial markets and the stakes involved for Switzerland.