Hedge Fund Pioneer Plans London Listing

Mar 31 2008 | 1:00am ET

The first hedge fund to list in Amsterdam may become the second to add a listing in London.

London-based Boussard & Gavaudan would create a new Sterling share class of Boussard & Gavaudin Holding, which manages about €800 million (US$1.6 billion), should the secondary listing on the London Stock Exchange go forward. Earlier this year, Marshall Wace announced plans to list its US$2 billion MW Tops fund in London.

The British capital, which lost out to its Dutch rival partly due to regulatory restraints preventing public hedge fund listings, has lured several new funds since the Financial Services Authority relaxed those rules.

“It goes to show that if you get the regime right, it can be a competitive advantage, and a competitive disadvantage if you get it wrong,” the LSE told the Financial Times.

RELATED STORIES

Marshall Wace To List Hedge Fund In London


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of