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Bermuda at critical economic junction

Bermuda is at a turning point in its development as a hedge fund - and financial services - centre. Kris Devasabai examines the choices the state faces as it plots its future

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The move towards a more regulated environment for financial services could mark a turning point in Bermuda's fortunes as an offshore jurisdiction for hedge funds. The Bermuda Monetary Authority (BMA) is more active in its oversight of hedge funds than its counterparts in rival offshore jurisdictions like the Cayman Islands and the British Virgin Islands (BVI). This has proved to be a mixed

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