Small managers lagging on AIFMD compliance

Size matters

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The implementation of the alternative investment fund managers directive (AIFMD) in the UK is finally in its home straight. Are hedge fund managers prepared?
While there have been several early adopters – generally in order to take advantage of the pan-EU marketing passport, other marketing benefits, or because the grandfathering period was not available to them – many hedge fund managers have taken full advantage of the grandfathering provisions, which effectively have allowed them to carry on b

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