UK officials aim for AIFM concessions but are expected to give in:

UK Chancellor George Osborne and his Treasury team are expected to request concessions to the proposed Directive on Alternative Investment Fund Managers when they meet with their European counterparts this week. Former City Minister Paul Myners urged Osborne to make a final push on the regulatory changes for hedge funds and private-equity funds. However, because it is Osborne's first encounter with the European Commission, he is expected to concede defeat.

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