Swiss regulator explores new ways to attract single hedge funds

Switzerland is making a bid to attract more hedge fund managers. While it has had success in the fund of hedge fund sector, single managers elude the Alpine state. Jamie Wynn-Williams looks at the fund market in the country and how it may be changing in future

Switzerland currently ranks as the third largest single manager market in Europe. The vast majority of funds, albeit managed or advised out of Switzerland, are domiciled abroad, according to an independent survey conducted by the Zurich University of Applied Sciences School of Management and Law and backed by active asset manager and fund of hedge funds specialist GAM.

The report highlights the importance of single manager hedge funds and their role in the Swiss financial market.

The survey says