Stephen Carty and Aoife Kemp of Maples and Calder consider the outlook for alternative UCITS and assess the feasibilty of the newly introduced retail investor alternative investment fund as another option for investors.
The past 12 months have marked a welcome period of respite for managers of UCITS that were fast becoming exasperated at the avalanche of regulatory changes in recent years. The main reason for this has been the long awaited arrival of the AIFMD – an entirely new area of pan-European regulation that has been keeping the European regulatory machine extremely busy.
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This article was first published in the HFMWeek UCITS Report in October 2013.
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