Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-09-22-Speech-1-097"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20080922.19.1-097"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"I would like to congratulate rapporteur Rasmussen, and I believe that the recommendations contained in the annex to his report are particularly important. Hedge funds and private equity funds ensure the capital required in order to meet the demand for the funding of long-term investments and of innovative, often highly risky projects. Their operation, however, is less regulated than the banking system. The stability of financial markets requires appropriate transparency, and that specific measures must be taken in order to prevent excessive debt.
Over the last 10 years, pension funds and insurance companies have provided one third of the amount collected by private equity funds. I believe that increased transparency is needed, particularly in the case of pension funds, for them to be able to accurately assess the degree of risk of various investments. I would like to draw attention to the fact that hedge funds and private equity funds are based on a growth strategy designed for a term shorter than the duration of the investments which Europe needs."@en1
|
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples