French market and hedge fund managers to benefits from regulation relaxation

French investment boutiques, especially hedge fund managers, are set to benefit from the country's planned relaxation of fund regulation. France could become one of the first European countries to allow hedge funds to be regulated and sold according to the same rules governing the country's more mainstream vehicles. Boutiques will be the beneficiaries of the changes, leading to a move away from the current situation, in which large asset managers and banks are almost the sole providers of hedge portfolios. These regulatory changes plus political moves to create a private pension ind...