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Fund managers prefer co-domiciled hedge funds

07 June 2011

Uncertainty over the AIFM Directive could affect the popularity of co-domiciliation

Read more: hedge funds UCITS

A survey report RBC Dexia and KPMG predicts that hedge fund managers will continue to create EU-domiciled hedge funds to complement their Cayman Islands or other offshore offerings, but that the QIFs and SIFs were gaining popularity versus the UCITS framework.

The survey challenges the notion that onshore domiciles could rival the supremacy of the Cayman Islands amongst hedge fund managers. Only a quarter (24%) of hedge fund managers said that they had already brought offshore funds onshore. Of those, more than half (55%) said they opted for...