FSA publishes paper on retail fund of hedge funds
THE FSA today unveiled its consultation paper on fund of hedge funds for retail investors, increasing the likelihood the products could be included in portfolios by the end of 2007.
In the document, the FSA confirmed it plans to expand the Non UCITS Retail Scheme (NURS) regime to accommodate regulated funds of hedge funds. The key regulatory change would be to lift a rule on NURS...
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