Brussels, 21/06/2010 (Agence Europe) - Meeting on a weekly basis, the European Parliament and EU Council of Ministers are engaged in intense debate over the draft EU directive on hedge funds and alternative fund management. Progress seems to have been made on the directive's scope but the two institutions are still divided over the tricky question of how to deal with hedge funds and other investment funds from outside the EU. Last week, the European summit put pressure on the EU institutions...