Platforms offer route to Ucits hedge fund investment, marketing and distribution

Platform for investment: Ucits supplement July 2010: Examining the phenomenon

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Setting up a Ucits fund involves a considerable amount of work. For some managers the effort and expense required may just be too great. For those based outside the EU the requirement to have a European management company can be a real obstacle.But some companies are offering a helping hand by setting up platforms to host these funds. Admittedly the move is hardly based on generosity – the platform hosts take a portion of the fees. Nevertheless, many managers think it is worth the cost.