AT – Preqin, the supplier of data and intelligence to the alternative investment industry, has found in a recent survey of 220 hedge fund managers, that there is still uncertainty surrounding the Alternative Investment Fund Managers Directive (AIFMD) among many managers, with 40% of those affected waiting for finalizations of regulations and further advice from their local regulators before taking action.
Amy Bensted, Head of Hedge Fund Products said: “With the imminent launch of the AIFMD, the majority of hedge fund managers still have work to do in ensuring their funds are fully compliant with the regulations. Based on Preqin’s survey of hedge fund managers based around the world, Europe-based managers seem better prepared than their North American counterparts at this stage.
