Thursday, December 06, 2007

Singapore Lures Japanese Hedge Funds

Another interesting Bloomberg News article, this one about how Japanese hedge fund managers are lured to Singapore. While Singapore registered 78 new hedge funds last year, Japan only saw 3 new hedge funds. This is despite the fact that Japan has 28 times more people.

The reason? Japanese taxation of hedge funds is 4 times higher than Singapore's and Japan also has much more burdensome regulation.


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