Flight to quality defines Luxembourg regime
There is likely to be a 'flight to quality' in Luxembourg in 2009. Investors already spooked by the alleged Madoff fraud, Stanford Bank disaster and the ongoing financial crisis are increasingly viewing regulated funds as the better option for hedge fund investment. Institutional investors in particular are moving to onshore vehicles and approaching the larger, more regulated names in the industry.
"When investors have had their fingers burnt they tend to move to areas of quality. If you are a
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