The article discusses the rapid growth of Gibraltar’s financial funds industry, particularly focusing on the hedge fund balance. It highlights the potential risks associated with this industry’s expansion, as hedge funds remain lightly regulated on a global scale. The article highlights the need for regulation to protect the jurisdiction’s reputation and ensure responsible practices within the hedge fund sector.
The article also raises concerns about the lack of a globally agreed definition for hedge funds and their potential to impact financial markets. Killick suggests that offshore centres, like Gibraltar, need to engage in the international debate to establish a suitable supervisory regime for the hedge fund industry to prevent future issues.
Read the article: The Hedge Fund Balance
(Article first published in The Gibraltar Magazine, 2007.)
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