Competition between fund domiciles is intensifying as the Alternative Investment Fund Managers Directive approaches and hedge fund administrators are upping their game. The Netherlands has emerged as a challenger for alternative investment business, writes Stefanie Eschenbacher.
The Netherlands was the first country to introduce draft legislation to implement the European Commission’s Alternative Investment Fund Managers Directive (AIFMD) into national law. This draft is expected to be adopted shortly and implemented by July 22, 2013. The directive deals with stricter regulation on alternative investment fund managers, such as hedge funds, private equity and real estate investment managers.
Locals say the first-mover advantage will help the Netherlands when it comes to attracting those that are already considering redomiciling, especially when it comes to hedge fund administration.
No comments:
Post a Comment