Tuesday, April 17, 2007

Sell London, Buy Zurich

Fintag brings us news of rising costs for hedge funds in London, and the resultant look to the Continent some hedgies might be taking in search of lower taxes and costs.

Fintag has set their sights on Zurich as a very likely candidate for a new home. Why?

Probably has a lot to do with the lower costs of living and running a business, quality of life, and a possible low tax environment for hedge funds that might come about as a bid to lure business from London.

In any event, we'll let you get their take on it. Click the link above for Fintag's site to see their comments on this possible spread trade.