While France's banking sector may be holding its breath fearing it's the cause of the country being threatened with a credit rating downgrade, the country's hedge fund industry has been given cause to celebrate.
Following recent meetings held by the Opalesque France Roundtable with representatives from the financial market regulator, AMF, hedge funds and hedge fund investors, the country is beginning to benefit from a range of initiatives aimed at making France a leading hedge fund and alternative investment destination. The industry believes this latest momentum is already contributing to the growth in strength and number of the local alternative investment community. To support its claims, the industry points out that hedge fund launches that previously would have taken place in London are...
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