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Trader sets up in Paris after FSA investigation

UK Compliance – A renowned trader has unveiled plans to launch a new hedge fund in Paris after he was investigated by the Financial Services Authority last year.

Guillaume Rambourg’s new firm Verrazzano Capital is projected to raise as much as $1 billion (£649 million) and could help him move forward from the controversy that erupted in the collapse of £5.5 billion hedge fund Gartmore.

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