Legal services in Jersey see pick up in business

As investment begins to flow back into the hedge funds industry, Jersey believes it is well positioned to attract start up managers as well as anyone looking to re-locate from London.

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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 launching new

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