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Jersey's rule changes are the platform for hedge fund growth

The hedge fund industry in Jersey and the island's financial regulators have overhauled the existing rules to make business there more efficient and competitive. The benefits are already accruing...

Jersey is seeing notable increases in its hedge funds business as regulatory changes there take effect. Amid rising interest from functionaries both on and outside the island in creating further hedge fund vehicles, Jersey has effectively created two fund classifications: retail funds and expert funds. Expert funds have the following characteristics:

n They are for investors who make an initial

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