UCITS and increasingly alternative investment funds have become bedrocks of the European Union’s fund management industry. Very few fund structures have come anywhere close to replicating or challenging the engrained hegemony and global distribution footprint of UCITS. In this context, hedge funds – once loosely regulated private investment vehicles – are swallowing up the UCITS compliance costs as they sense excellent commercial and distribution opportunities to cultivate sizeable assets in daunting capital raising conditions.
Download the report to view the story so far for Alternative UCITS products, the benefits, challenges and what the future holds.
This document is issued by HSBC Bank plc (“HSBC”). HSBC is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the PRA, and is a member of the HSBC Group of companies (“HSBC Group”).
HSBC has based this document on information obtained from sources it believes to be reliable but which have not been independently verified. Any charts and graphs included are from publicly available sources or proprietary data. Except in the case of fraudulent misrepresentation, no liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. HSBC is under no obligation to keep current the information in this document. You are solely responsible for making your own independent appraisal of and investigations into the products, investments and transactions referred to in this document and you should not rely on any information in this document as constituting investment advice. Neither HSBC nor any of its affiliates are responsible for providing you with legal, tax or other specialist advice and you should make your own arrangements in respect of this accordingly. The issuance of and details contained in this document, which is not for public circulation, does not constitute an offer or solicitation for, or advice that you should enter into, the purchase or sale of any security, commodity or other investment product or investment agreement, or any other contract, agreement or structure whatsoever. This document is intended for the use of clients who are professional clients or eligible counterparties under the rules of the FCA only and is not intended for retail clients. This document is intended to be distributed in its entirety. Reproduction of this document, in whole or in part, or disclosure of any of its contents, without prior consent of HSBC or any associate, is prohibited. Unless governing law permits otherwise, you must contact a HSBC Group member in your home jurisdiction if you wish to use HSBC Group services in effecting a transaction in any investment mentioned in this document. Nothing herein excludes or restricts any duty or liability of HSBC to a customer under the Financial Services and Markets Act 2000 or the rules of the FCA. This presentation is a “financial promotion” within the scope of the rules of the Financial Conduct Authority.
HSBC Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England No.14259. Registered Office: 8 Canada Square, London, E14 5HQ, United Kingdom. Member of the HSBC Group.