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February 06, 2006
Hedge Funds Could Pay More
Good News! Well at least we can expect it to be so. Driven by the new hedge funds sector rule, leading hedge funds are likely to pay more in 2006 than they did in 2005 to comply with a new US government registration rule. Reuters reports:
"Roughly 95 percent of the hedge funds that we contacted said their costs had risen in 2005, and nearly half of the respondents expect their compliance costs to rise yet again," said Karan Sampson, director of hedge funds at financial services consulting firm Greenwich Associates.
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