Tuesday, 4 August 2015
Last updated 17 hours ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…