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16.09.26 - 12:51
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Greece Wants To Become Europe′s Next Hedge Fund Hub (ZeroHedge)
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Greece Wants To Become Europe's Next Hedge Fund Hub
Athens is emerging as an unlikely contender in the competition for Europe's hedge fund money, with Greece using favorable tax treatment, an improving economy and Mediterranean living to attract financiers looking beyond London and other established financial centers, according to Bloomberg.
That campaign has already produced some notable converts. Millennium Management has established an operation in Athens, while billionaire hedge fund manager Chris Rokos is heading to Greece after deciding to leave Britain. Greek officials are betting that attracting firms of that caliber will make it easier to persuade smaller funds and finance professionals to follow.
It is a striking development for a country that spent much of the previous decade synonymous with sovereign debt problems and economic instability. Greece has since repaired its public finances, regained investment-grade credit ratings and posted stronger economic growth than much of Europ...
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08.09.26 - 11:30
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Hedge Fund Titan Rokos Said to Quit UK for Greece (Bloomberg)
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Chris Rokos, the founder of Rokos Capital Management, is set to leave the UK and switch his residency to Greece, people with knowledge of the arrangement said. Rokos will also open an office in Athens as part of the move, one of the people said. He is the latest in a string of high-profile financiers and business leaders that have chosen to leave after the abolition of the UK's long-standing non-dom regime and increased taxes on everything from private equity investments to inheritances and capital gains. Bloomberg's Jack Sidders reports. (Source: Bloomberg)...
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08.09.26 - 10:30
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The Exodus Continues... Britain′s 3rd Largest Taxpayer Escapes To Greece (ZeroHedge)
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The Exodus Continues... Britain's 3rd Largest Taxpayer Escapes To Greece
Britain's highest taxpayers have been drifting offshore since the non-dom regime was scrapped in April 2025 and inheritance tax was extended to worldwide assets.
This shift is already visible on the Sunday Times lists: six of the 2026 Tax List's top 100 (including Revolut's Nik Storonsky) had left in the previous year, the compiler noted that one in nine names on that list were no longer UK-resident, and the companion Rich List dropped dozens of foreign billionaires while recording a sharp rise in British nationals now based in Dubai, Switzerland and Monaco.
But, the latest news is likely the most disturbing to the increasingly socialist government as the UK's 3rd largest taxpayer - hedge fund founder Chris Rokos - is set to leave.
The star trader paid a stunning £330 million ($447 million) in taxes last year...
That's one hell of a hole for Burnham and his buddies to fill.
As Bloomberg reports, Rokos is the l...
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