Hedge funds unlikely to revoke offshore status

The survey highlights that 24% of respondents who said they had already set up onshore funds preferred co-domiciliation to redomiciliation, i.e. creating  funds complementing existing offshore strategies rather than a simple transfer of their domicile to the EU. Of the 27% who are considering creating EU regulated funds in the future, only a minority said they might do so under the UCITS framework. Respondents preferred dedicated alternative structures such as Irish Qualified Investment Funds (QIFs) or Luxembourg Specialised Investment Funds (SIFs). While the trend for hedge funds to cr...