The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Will hedge funds list in London?

Thiha Tun argues that, despite some additional disclosure, there is a real possibility hedge funds will begin listing in London

The Financial Services Authority (FSA) published Consultation Paper 06/4 in March 2006 on proposed changes to the Listing Rules for investment entities and proposed changes to the Listing Rules and Disclosure Rules to implement the Transparency Directive.

(This article appears courtesy of International Financial Law Review,  to take a free trial click here)

The revisions will liberalise the listing regime and allow new types of investment entity to list. For the first time, there is a real prospect that hedge funds will be able to list on the London Stock Exchange.

The FSA summarised its approach as follows: "The proposed changes for investment entities replace the existing regime with a more principles-based approach to determining eligibility for listing. This would enable those employing a wider range of investment strategies, including those currently pursued by some hedge funds, to list in the UK for the first time. Appropriate investor protections would be maintained through revised and enhanced disclosure requirements."

The FSA cited various benefits flowing from the proposals including the fact that the changes, by facilitating the listing of a wider range of investment entities, were consistent with its objective to maintain the competitiveness of the UK markets.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree