Hedge Funds Review talks with James Lasry of Hassans about the development of Gibraltar's hedge funds industry.

In a wide-ranging interview, Lasry talks about Gibraltar's positions following the financial crisis. He explains why Gibraltar's emphasis on a well-regulated funds sector should give it a competitive advantage in the future.

Looking to the future, Lasry outlines some of the changes under consideration for Gibraltar's fund legislation and the innovations and new products that may be introduced in the near term.

Lasry also comments on the draft European Union directive on Alternative investment fund managers and says he sees opportunity for the territory as it takes advantage of its position as an EU member. He also believes the introduction of Ucits IV will help the jurisdiction develop the Ucits brand.

In a wider context, Lasry explains how he sees Gibraltar developing as a funds jurisdiction and what place the industry will have overall in Gibraltar's financial services sector.

Lasry also discusses the close working relationship between the funds association, government and the regulator in Gibraltar and how this is helping to create a better funds industry.