Capital gains tax regime in UK remains offputting

Capital gains tax cannot be applied at the fund level if UK onshore hedge funds are ever to become a reality, according to Britain's Investment Management Association (IMA).

The IMA is pushing for the Treasury to consider changes to the UK tax regime in its considerations to regulate hedge funds.

UK demand for retail hedge funds needs to be addressed but providers will not seek UK authorisation under the existing tax regime, said Julie Patterson, IMA's director of regulation and tax. Any

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here