Bluefin Wealth Management's Dawn Mealing considers the key tax implications of where a fund is domiciled.
The European investment industry eagerly awaits the finalisation of the EU directive on Alternative Investment Fund Managers, which creates a single platform for the marketing of alternative investments throughout the EU. The legislation goes live in 2011, becomes law from 2013, and applies to both EU- and non-EU-domiciled funds that wish to distribute into the EU markets. Against the initial howls from the offshore fund industry about the tougher rules and having to prove home regulation was equivalent or better than the EU, the overseas-domiciled funds industry have come to accept the ...
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