National Business Review today published an article with the headline "John Key annoys local hedge fund managers".
The New Zealand Absolute Return Association (NZARA) would like to clarify that the New Zealand investment managers represented by the association are not "annoyed" with the Prime Minister but have noted his comment regarding hedge funds, and take that as a continuity from recent statements implying improved disclosure may be one of the areas to get a regulatory boost. If this were to be so, NZARA would welcome this initiative. We believe transparency is healthy for all involved in the investment management industry, be they investment managers, investors or regulators.
Anthony Limbrick
Chairman
New Zealand Absolute Return Association
Link to the National Business Review article is below:
http://www.nbr.co.nz/article/private-bin-john-key-annoys-local-hedge-fund-managers-38262
1 comment:
It certainly smacks of a degree of yellow journalism. I sincerely hope that your response is also picked up on by the media, however unlikely.
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