Switzerland remains confident of hedge fund industry future

Although uncertainties regarding the European Union’s alternative investment fund managers (AIFM) directive remain, Switzerland is confident its hedge funds industry has a bright future.

swiss-jungfrau

Despite attracting some high-profile fund managers like BlueCrest and Brevan Howard to Switzerland, the jurisdiction faces a challenging future. Like offshore hedge fund jurisdictions, Switzerland is not a member of the European Union and is awaiting pronouncement on its fate, likely to be dictated by the alternative investment fund managers (AIFM) directive.

Jens Peters, partner of Sharp Capital Group, ­emphasises the difficulty of commenting on the future of Swiss hedge funds because of the

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