{"id":21336,"date":"2011-03-21T07:58:17","date_gmt":"2011-03-21T11:58:17","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=21336"},"modified":"2011-03-21T07:58:17","modified_gmt":"2011-03-21T11:58:17","slug":"hedge-fund-deposits-not-always-welcome-in-zurich","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2011\/hedge-fund-deposits-not-always-welcome-in-zurich.html","title":{"rendered":"Hedge fund deposits not always welcome in Zurich"},"content":{"rendered":"<p>Guardian &#8211; GlaxoSmithKline boss Andrew Witty should be warmly commended for his engagingly old-fashioned view that a corporation is not a shiftless, stateless legal fiction that can be whisked off to the Cayman Islands at the wave of an accountant&#8217;s pen.<\/p>\n<p>His sentiments might well be shared by the staff of the London-based hedge funds who have recently relocated to Zurich to escape the 50p top tax rate, and found life there isn&#8217;t quite as easy-going as in Knightsbridge or Notting Hill. Apart from the ski-freaks, many have found Switzerland&#8217;s less than thrilling nightlife, the absence of 24-hour corner shops and the minefield of social and legal norms too much to take after the allure of London.<\/p>\n<p><strong><a href=\"http:\/\/www.guardian.co.uk\/business\/2011\/mar\/20\/hedge-funds-relocation-switzerland\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guardian &#8211; GlaxoSmithKline boss Andrew Witty should be warmly commended for his engagingly old-fashioned view that a corporation is not a shiftless, stateless legal fiction that can be whisked off to the Cayman Islands at the wave of an accountant&#8217;s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-21336","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=21336"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21336\/revisions"}],"predecessor-version":[{"id":21337,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21336\/revisions\/21337"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=21336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=21336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=21336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}