Onshore fund of hedge funds expected in Spain by the end of the year.

The Spanish financial regulator the Comision Nacional Del Mercado De Valores (CNMV) has recently passed a new law regarding investments and does mention hedge fund according to CNMV spokeswoman Patricia Lopez. She said: “We need to implement some additional regulation to get the law fully into force and then it must be finalized by congress.” The bill is currently on the Spanish congressional floor and the CNMV expects it to be passed this year. Hedge fund managers are wasting no time in

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