Increased regulation of hedge funds will drive some out of business and lead to a shrinkage of the industry, Peter Clarke, chief executive of Man Group, the UK’s biggest listed hedge fund manager, warned Thursday. Clarke said smaller managers who lacked resources to cope with additional demands from regulators would be hit hardest.

This entry was posted by Gwen Robinson on Friday, March 27th, 2009 at 4:46 and is filed under Hedge funds, People. Tagged with Man Group. Edit this entry.