Sarkozy to block EU hedge fund legislation

Investment Week – French MEPs may veto the Alternative Fund Managers Directive (AIFMD) including a key provision for passporting of investment products, which would allow fund managers to sell products across Europe.

This could have a serious knock-on effect as 80% of the City’s hedge funds operating across Europe are based in London.

Read Complete Article

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply