Saturday 27 October 2007

Isle of Man aims to attract hedge funds.

In a recent edition of Money Marketing, it is reported that the Isle of Man
aims to attract more hedge fund business. The target is to reach $100bn under
administration within the next three years. This compares with $50.1bn as
at last June.
Money Marketing cites Isle of Man official Brian Donegan, who comments on
the existing tax advantages of the island.

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