Paquin: AIFMD a ‘concentrating catalyst'

Coping with complexity

lyxor1-0314

The European Union’s (EU) alternative investment fund managers directive (AIFMD) will attract previously conservative hedge fund investors and drive some non-EU managers to seek a compliance partner, but the newly installed boss of Lyxor reckons the directive’s complexity means “smaller, sub-par” managers could be deterred entirely from attempting to access the European market.

Lionel Paquin was speaking in mid-February as head of Lyxor’s Managed Account Platform (MAP), following which it was an

To continue reading...