Legal services in Jersey see pick up in business

Channel Islands: Surviving and thriving (supplement August 2010)


Jersey’s legal profession is quietly optimistic about prospects for the hedge funds industry. After surviving the restructuring and closures prevalent in the industry, most of the legal profession is reporting an upturn in enquiries for new fund launches, despite the uncertainty still hovering over the final shape of European Union legislation aimed at the industry.The uncertainty over the EU alternative investment fund managers (AIFM) directive is causing some funds to hesitate launchi