German floodgates hold

There is a German idiom hedge fund managers would do well to keep in mind four months after BaFin opened the door to a domestic hedge fund market: nach mir die Sintflut.

Translated literally, it means 'after me comes Noah's flood' - a sentiment well describing how the first hedge fund managers being taken up in Germany - DWS and Lupus Alpha among them - may feel.

Although few commentators expect the dam wall holding back investors' money from hedge funds to break quickly, predictions put German

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