BlueCrest Said to Prepare Geneva Office as London Taxes Rise

Bloomberg – BlueCrest Capital Management Ltd., a London-based hedge fund firm that oversees about $15.4 billion, plans to open an office in Geneva as increased taxes and regulation make London a less attractive location, a person familiar with the situation said.

As many as 50 BlueCrest employees may move, said the person, who declined to be identified because the plans are confidential. The firm has about 300 employees in London.

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