France set to allow onshore single-strategy funds soon

Product providers in France are optimistic their market's regulator will allow regulated single-strategy onshore hedge funds by the summer after the Commission des Opérations de Bourse (COB) signalled in April it would undertake the regulation of multi-manager hedge funds onshore.

Isabelle Reux-Brown, head of alternative and structured asset management at CDC Ixis Asset Management, said: 'We are still waiting for overall regulation of investment in single-strategy funds, which would be the e

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