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New regulations prompt Nordic hedge fund index
Published: 04 July, 2005
Hedgenordic has launched the first hedge fund index in the Nordic region. The online service monitors the hedge fund industries in Sweden, Denmark, Norway and Finland. It also provides a database of all Nordic hedge funds and statistics on their returns. Jan Andersen, CEO of Hedgenordic, told epn that the new hedge fund regulations in Norway and Denmark provided an excellent opportunity for launching the service. “The green light given by Denmark and Norway to hedge funds means that it is now possible to speak of a complete Nordic hedge fund market. We believe that a great demand for index data and news from this market exists among institutional investors, for example pension funds and insurance companies.” “Of course, we in Denmark are not in the same league with the Swedish market, since our regulation comes almost 10 years later. Nevertheless with the new regulations, the Danish market is bound to grow rapidly,” he said. Related articles: |
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