On new ground
Irish Offshore: Ireland has been able to increase its share in the worldwide hedge fund domicile business, thanks to growing interest from retail is set to make further gains in the alternative investments market
European domiciles need to become more attractive to the growing hedge fund market. Indeed, data published in the May 2005 hedge fund manager/ CorrectNet fund administrator survey should form a timely reminder of this need. In particular, the results should be a reminder to press ahead with the regulatory and tax harmonisation required to facilitate greater cross-border access of European-domiciled hedge funds within Europe.
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