Washington, DC – Managed Funds Association Executive Vice President and Managing Director for International Affairs Michael Pedroni today issued the following statement in response to the Financial Stability Board’s Holistic Review of the March Market Turmoil:
“We look forward to partnering constructively with the FSB, the Federal Reserve, and other regulators as they examine core bond market structure and resilience. Data show that hedge funds weathered the March market turmoil without posing systemic risk to the financial system, even in the face of severe market volatility.”
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