
Hedge Fund Economist on Europe’s Economic Woes |
Date: Wednesday, August 31, 2011
Author: Ricardo Kaulessar, HedgeFund.net
A longtime economist in the hedge fund industry thinks a “cathartic event”
could force a quicker recovery in the European economy.
Constance Hunter, chief economist at Connecticut hedge fund Aladdin Capital
Management, in a recent interview with former NBC News anchor John Seigenthaler
identified three such events that will force European policy makers to make
tough decisions to ensure their respective countries don’t suffer the financial
collapse and resulting civil unrest that has already plagued a nation such as
Greece.
Hunter told Seigenthaler, chairman of hedge fund event organizer FINForums, that
bank failures, German voters choosing politicians opposed to aid and European
Central Bank members declining to extend credit by purchasing country bonds, are
those events that could force the hand of European politicians.
“The reality is that decisions may not be made in the European Commission’s
offices in Brussels, but on the streets of Munich and Bonn,” said Hunter in a
conversation leading up to her appearance at the FINforums Annual Hedge Fund
Summit on September 14 at the Princeton Club in New York City.
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