Brussels, 04/05/2007 (Agence Europe) - On 8 May, the EU finance ministers will adopt very prudent conclusions on hedge funds. The idea, which is so close to the German presidency's heart of establishing a voluntary code of conduct for the hedge fund industry, was not included in the draft conclusions document that the ECOFIN Council is expected to endorse without amendment. Rather than calling for a voluntary code of conduct, the ministers are expected to simply call on the parties involved...