Hedge fund Coupland Cardiff Asset Management threatens to quit London over EU’s Directive on Alternative Investment Fund Managers
Wednesday, October 14, 2009 : PermalinkTelegraph.co.uk – Coupland Cardiff’s chief operating officer Deborah Boyce said: “As we invest exclusively in Asia, this Directive will mean that we have no choice but to relocate outside of the EU should we wish to continue to operate.”
She was one of a host of figures from the private equity and hedge fund industry to attack the draft Directive in response to a call for evidence from a UK parliamentary committee.
Private equity group CVC said: “It is so poorly drafted that it creates a new category of risks and inefficiencies”.
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