Turkey Said to Mull Raising Bar for Investing in Hedge Funds
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Turkish officials are considering new measures to sharply raise the bar for retail investors seeking to pile cash into hedge funds after market upheaval last month, according to people familiar with the discussions.In a bid to protect smaller investors from potentially risky trades used by hedge funds, officials are considering increasing the threshold for becoming a “qualified investor” able to participate in such funds, said the people said, asking not to be identified as the discussions are private.