Hedge funds could gain from Monaco wealth

Principality is 'vibrant place to do business' for hedge fund funds with sophisticated family offices, according to a roundtable of asset managers

Hedge funds based in Monaco could gain from investment by wealthy families in the principality, who have up to €400bn of capital at their disposal according to asset managers.

At a roundtable hosted by media provider Opalesque last month, asset managers said that between €300bn and €400bn is controlled by family offices in Monaco, and indicated that there is a substantial demand for access to hedge funds.

WSJ Logo