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The United States have voiced concerns over the European Unions proposed Alternative Investment Fund Managers (AIFM) Directive (the Directive). One of the big issues is a fear that the Directive could make it difficult for non EU-funds to raise money from EU investors. At a conference on AIFM organised by Deloitte Luxembourg, Cary Stier, Partner at Deloitte New York explained the transatlantic view. LFF spoke to him after his speech.
What is the view in the US on AIFMD?
"I think there is an awareness challenge, because US managers have been focusing on some challenging market developments in search of alpha for the investor. As a result, there in a process of digesting the US regulation that is provided under the...
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