AIFM: industry favours Econ draft

Author: | Published: 28 May 2010

With the Alternative Investment Fund Managers directive now into trialogue discussions in Europe, the treatment of non-EU funds is still dividing opinion.

Lawyers favour the more harmonised legal environment they think the Parliament’s draft would create. “Most people in the industry seem to prefer the Econ (Committee on Economic and Monetary Affairs) approach, assuming the technical problems can be resolved” said...