AIFMD passport denial will impact Asian managers most

Hedge fund industry decries Esma's shutting of door on most offshore funds

luke-clancy

Europe's decision not to grant a universal marketing "passport" under the Alternative Investment Fund Managers Directive (AIFMD) will cause offshore hedge funds to reconsider their relationship with the continent, according to those working in the industry.

The European Securities and Markets Authority (Esma) conducted a country-by-country assessment of non-European Union jurisdictions, looking at regulatory issues such as investor protection, competition, potential market disruption and the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: