International Adviser – Within the last two months, at least two companies have launched platforms aimed at enabling existing hedge fund copmpanies to create Ucits-compliant versions of their products more easily, quickly and cheaply than if they were to do so themselves.
The introduction of these new platforms coincides with a steady stream of new Ucits-compliant hedge fund launches that are widely seen as the industry’s response to European Union plans to tighten up its regulation of alternative investment funds, as well as with widespread buy-side concerns about hedge fund safety, following some highly-publicised recent hedge fund melt-downs.