Following the entry into force on Friday of new regulations allowing onshore hedge fund investment in Denmark, it emerged that the country's Financial Services Authority is considering a proposal to allow pension funds to invest in hedge funds.
Under the new Danish rules, hedge funds will be permitted to organise themselves as associations, and will not need to limit their investment policies or risk profiles.
Speaking to the Hedge Nordic News service last week, Kirsten Hjortshøj of the Danish FSA revealed that a declaration allowing investment in hedge funds by pension funds is in the early stages of development. However, she declined to give further detail on the matter.
The FSA is expected to publish its conclusions in this area in the autumn, according to Nordic News.
A comprehensive report in our Intelligence Report series examining offshore investment, offshore stock exchanges, and hedge funds is available in the Lowtax Library at http://www.lowtaxlibrary.com/asp/subs_reports.asp and a description of the report can be seen at http://www.lowtaxlibrary.com/asp/description_report9.asp
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