
Isle of Man's hedge funds industry ready for bull market
Offshore centres
In March 2002, the Isle of Man's Treasury minister, Allan Bell, challenged the Fund Management Association (FMA) to come forward with ideas for improving the competitive proposition for the island's investment funds industry.
The industry took up the gauntlet and following its submission of a strategic plan for change, the FMA's thinking was incorporated in the budget announced in February 2003. It included a package of measures designed to give the island's investment funds industry a major
More on Hedge funds
Most read on Risk.net
- Asia moves: Natixis sales head moves to Barclays, new banking head for StanChart Singapore, and more
- Functional programming reaches for stardom in finance
- Banks use machine learning to ‘augment’ corporate sales
- Banks hope final FRTB rules will ease NMRF burden
- Buy-siders eye ways to get ahead of US resolution stay rules