On again, off again: onshore vs offshore

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Regulation. This is the one thing hedge fund managers and investors are asking their lawyers about at the moment. Law firms across the world, on and offshore, are finding clients worried about what the impact of pending legislation, often still unclear in the drafting, will mean for the industry.

Will there be a growing bifurcation of the industry, particularly if the European Union (EU) pursues a more aggressive regulatory line or will the furore over what feels like a relentless march towards r

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