Hedge funds
France set to allow onshore single-strategy funds soon
FRENch liberalisation likely after two years' consultation
Growing potential
Products that are compliant with Islamic law have the power to break into a market where the western world can reap the benefits
High volatility in market leads to huge movements on DAX
The war in Iraq has seen liquidity cut to untradable levels with managed futures and CTAs under great pressure
Large fund of fund managers dominating hedge fund industry
competition among managers could spiral out of control
FSA's decision not to relax marketing rules for retail investors disappoints
open-ended retail hedge funds still not FSA authorised
Boston Equity fund aims for soft close target of £500m in assets
Amex plans additions with new experienced managers
Working in tandem
The insitutionalisation of the hedge fund industry has strengthened administrators' guiding principle ' to provide an honest interface between fund and investor