Offshore: Weathering the storm
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.
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
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