Multi-strategy major Millennium Management is assessing plans to expand its presence in Jersey as some employees look to relocate from Dubai amid ongoing geopolitical tensions in the Middle East, according to a report by the Financial Times.
The multi-manager hedge fund is exploring options to accommodate staff who are reluctant to return to the UAE, with Jersey emerging as a potential destination due to its favourable tax regime. The firm had more than 100 employees in Dubai prior to the recent...
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