Steuervorteile: Griechenland wirbt Hedgefonds aus London ab

Griechenland is now vying for international hedge funds, aiming to become an alternative to London, a stronghold of the finance industry. Chris Rokos, founder of Rokos Capital Management with $22 billion in assets, has made Greece his new tax residence. Millennium Management, one of the world's largest hedge funds with over $97 billion, is preparing to open an office in Athens.

Verition Fund Management, another major global fund, is also considering a similar move. The conservative Prime Minister Kyriakos Mitsotakis' government is working on establishing a financial hub in Greece, targeting not only fund managers but also banks, law firms, accountants, tax advisors, IT specialists, and other financial services providers.

Vassilis Karatzas, a government advisor, said, "We want to create new business and attract companies to Greece." Rokos is seen as the catalyst for this change, moving his tax residency from the UK to Greece. However, the real goal is to have the managers relocate their companies and investment teams to Athens. Millennium Management's success in this venture would be particularly significant, as it manages more than $97 billion.

The combination of these three companies, Millennium, Rokos Capital, and Verition Fund Management, totals approximately $134 billion. Athens is still far from becoming the "London of the Mediterranean," lacking the capital market and extensive network of brokers, banks, fund administrators, and specialized services found in London. Nevertheless, the Greek government is determined to build this infrastructure piece by piece.