(Pension & Investments) The U.K.’s position as the leading domicile for European hedge fund assets could be under threat as a result of the country’s decision to leave the European Union, warned a representative of the Chartered Alternative Investment Analyst Association.
Keith Black, managing director, curriculum and exams, in a telephone interview Tuesday cited figures by alternative investment research firm Preqin showing that about 69% of European hedge fund assets are domiciled in the U.K. “That may have to change,” he said, in part because of the uncertainty over the U.K.’s position going forward regarding EU regulations.
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