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Hedge funds

AIFM texts adopted by EU parliament and council

Hedge fund managers based outside the European Union (EU) may have to comply with the alternative investment fund managers (AIFM) directive in order to market products to EU member states, under proposals approved last night (May 17).

Questions abound over Ucits hedge funds

The directive on alternative investment fund managers (AIFM) will not necessarily allow professional investors to buy the funds offered to them. Controversy around the directive, together with uncertainty about the distribution of funds it will allow,…

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