France approves first retail hedge fund

The French financial services regulator has approved the first single-manager hedge fund for French retail investors.

The Autorité des Marchés Financiers has endorsed a multi-strategy hedge fund run by ADi Alternative Investments, one of France's largest hedge fund firms.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions