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Hedge funds mull ditching UK for Switzerland, Asia
Quick ReadFaced with regulatory chill, hedge funds mull swapping London for Switzerland, Asia
LONDON (AP) — They're getting nervous in Mayfair and Belgravia, London's hedge fund heartlands.
Luxury car dealerships, designer boutiques and high-end restaurants have thrived on money from the unregulated investment funds whose discreet offices sit behind the solid wooden doors of those neighborhoods' elegant Georgian buildings.
But now some funds are considering swapping London for...
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