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by lordnacho 3225 days ago
That's what I just explained doesn't happen.
1 comments
irishasaurus 3224 days ago
So the fund is managed in the Caymen Islands?
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lordnacho 3224 days ago
No, it isn't. The people who decide what the fund buys and sells are in London, NYC, Zurich, etc. They pay taxes according to where they are.

The fund vehicle is in the Caymans / Bermuda / IoM etc.

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irishasaurus 3223 days ago
Why aren't they based in NYC or London then?

https://www.quora.com/How-are-hedge-funds-structured-so-that...

https://panamapapers.icij.org/

http://www.alternet.org/story/150904/7_ways_hedge_funds_lie%...

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lordnacho 3222 days ago
Read what I wrote. The management company is based in London, the fund that holds the investments is based in the Caymans.

There's nothing in your links that contributes to this discussion.

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