Offshore Corporation Botswana. Numbered accounts

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Initiated by hedge funds such as Man Group and GLG Partners - 2 of the largest hedge fund in Europe. Also in the group «activists» joined Brevan Howard, Brummer & Partners, Centaurus Capital, Cheyne Capital, CQS. Gartmore, Lansdowne Partners, London Diversified, Marshall Wace, Och-Ziff and Rab Capital.

This is a clear response to the hedge funds attempt to make Germany the country «the G» to establish a mandatory code of business practices for hedge funds. Ahead without waiting for further developments, hedge funds have decided that it would be better to impose a minimum requirement, the more «voluntary» nature that do not have grounds for «binding» maximum.

Recall that countries such as USA, Japan and Britain were opposed to any restrictions on the activities of hedge funds, while France supported Germany in this matter. The European Parliament has also tended recently to the position of Germany, which means hedge fund activity is not premature.