Report Shows Hedge Fund Managers' Responses to Complying with AIFMD

Research and consultancy firm Prequin issued a report regarding hedge fund managers' responses to and compliance with the Alternative Investment Fund Managers Directive ("AIFMD") as the July 22, 2014 implementation date approaches.

The report surveyed 150 global hedge fund managers and addressed topics including:

• the outlook on AIFMD as a regulatory framework and its impact;
• concerns about AIFMD;
• preparations for compliance; and
• plans for marketing in the EU.

Although, according to the report, uncertainty about AIFMD is high, nearly 58% of Europe-based managers are already compliant with AIFMD or will be by the deadline, and nearly half of hedge fund managers with more than $1 billion in assets under management are already compliant.

See: Prequin Report: Global Hedge Fund Managers Respond to the AIFMD.