Originally published in the HFM Week, Guernsey
Report, June 2008
Chris Gambrell talks to HFMWeek about the importance
of being able to list a fund on the London Stock Exchange and
how Praxis Fund Services offers its clients the full
package
A new generation of permanent capital hedge fund vehicles
has taken hold in Guernsey. Following the influx of interest
over the past two years, the potential for listed investment
funds structured on the closed-ended registered fund framework,
whether listed on the London Stock Exchange (LSX), AIM or
Euronext, looks set to maintain its footing.
According to Chris Gambrell, managing director, Praxis Fund
Services, the continuing interest in permanent capital has
stemmed from understandable concerns about managing redemptions
coming from investment managers and investment advisors across
all types of asset strategies. "Managers are always going
to have to