Luxembourg and Ireland remain competitive jurisdictions for Ucits hedge funds

Rampant rivals

lux-ireland

Luxembourg and Ireland are the main locations for the domicile of Ucits hedge funds. This should come as no surprise. Luxembourg has been the dominant jurisdiction, having had a headstart mainly through the retail side. Although Ireland came a bit later to the Ucits hedge fund sector, it has been impressive in its attempts to catch up with leader ­Luxembourg.While Luxembourg was first off the mark in touting for Ucits business, Ireland has been no laggard in trying to attract more bu