Hedge fund BlueCrest moving to Guernsey

Telegraph – The hedge fund’s decision to move its base to the tax haven was revealed by Mike Platt, the firm’s founder, in a letter to investors and comes on the back of BlueCrest’s decision to open an office in Geneva, Switzerland.

Mr Platt said in the letter that the move to Guernsey was being driven by a number of factors, including the risk of greater regulation and the increasingly international nature of the firm’s business.

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