UCITS and NEWCITS and Hedge Funds, oh my…
Jan 19th, 2010 | Filed under: Hedge Fund Regulation, Retail Investing, Today's Post
The rush is on this year for alternative investment firms to set up and launch both offshore and onshore versions of Undertakings for Collective Investments in Transferable Securities, or UCITS- and NEWCITS-based funds.
According to a late-December report by London-based KdK Asset Management, some 80% of hedge funds, and in particular funds of funds surveyed by the firm expect to launch a UCITS-based this year (see graph by KdK below) as a way to ensure they are on a regulatory par with more traditional, and accessible, European vehicles. More…
To continue reading this article please login (at the right) or click here to learn more about accessing our archives.
Related Posts
- The new look for hedge funds this summer: mutual funds
- Hedge funds & mutual funds: “resistance” and “turf wars” or just eloping in Vegas
- 2009: The year hedge funds finally stirred the regulatory hornets’ nest
- Advisors Survey: Hedge funds are dead. Long live hedge funds!
- Hedge fund / mutual fund convergence in Europe and the US seen to “mirror” each other
