The UK regulator has started the ball rolling in considering regulating hedge funds onshore but it is unlikely to become a reality in the near term.
In August, the Financial Services Authority (FSA) issued a discussion paper on ways in which it could look to make the asset class more accessible to retail investors. It discussed the possibility of changing listing rules, or making alterations to its collective investment scheme rules which currently only govern unit trusts and Oeics.
At the moment
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