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Andrew Rochford Benedicte Gravrand, Opalesque Geneva:

During Opalesque’s recent Gibraltar Roundtable, two hedge fund managers talked about the reasons they chose Gibraltar as their prime location.

Gibraltar is a British Overseas Territory located on the southern end of the Iberian Peninsula at the entrance of the Mediterranean. Covering an area of 6 km², it is not exactly your typical bustling financial center. But financial services take a big chunk of that little place, as they account for a quarter of its economy and house approximately 150 Experienced Investor Funds (EIFs). Only last year, Gibraltar, also known as "the Rock", launched a campaign to lure hedge fund managers to its shores with promises of an attractive tax regime and first-class service providers.

Philip van den Berg, managing director of Taler Asset Management, told The Guardian then that he chose to relocate to the rock after 13 years in the City (London) because "Gibraltar came out the best for tax and compliance [with regulations].I used to go on holiday to Spain. One day I thought I could live here, I like it. And it's cheaper."

Andrew Rochford, founder of the Calderon Fund, set up his firm in Gibraltar in 2009 and launched his fun......................

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