Few areas of the financial services sector have been left untouched by the credit crunch and the funds industry is no exception. Since the sub-prime crisis began in the summer of 2007, the contagion has spread from structured finance instruments to property to equity markets before taking its toll on the global economy as whole.
November 17, 2009 at 03:00 AM
1 minute read
The original version of this story was published on Legalweek
The credit crunch has wreaked havoc in parts of the alternative funds industry. Derek Bedlow charts the impact on a crucial market for offshore centres
Few areas of the financial services sector have been left untouched by the credit crunch and the funds industry is no exception.
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