Hedge fund investments are soon to become more widely available to intermediaries, IMA delegates wer...
Hedge fund investments are soon to become more widely available to intermediaries, IMA delegates were told. The UK tax treatment of hedge funds must be changed if the FSA decides to regulate managers for onshore retail distribution of their product, delegates heard. The FSA floated the possibility of regulating onshore hedge funds in a discussion paper in August as a method of allowing for broader distribution to the UK retail market. UK retail investors can currently access hedge funds through offshore funds of hedge funds, usually listed in Dublin. Charles Tritton, head of alternat...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes