The FSA looked to introduce new categories of funds, including hedge funds, to promote to retail inv...
The FSA looked to introduce new categories of funds, including hedge funds, to promote to retail investors in the first quarter of 2003. Changes to UK rules allowing hedge funds to list on the UK stock market was one of the options the FSA explored in an effort to regulate alternative investment vehicles. The regulator suggested changes to the listing rules to allow for shorting. Single-manager funds could not list in the UK because, under the listing rules, shorting was only acceptable for the purposes of efficient portfolio management.
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