Sun, May 20, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Opalesque Video: Scotstone has the solution for Brexit-stricken fund managers

Wednesday, February 07, 2018

Benedicte Gravrand, Opalesque Geneva:

To all those UK-based fund managers thinking about how to access the EU market after Brexit, Ian Hamilton, chairman of Scotstone Group, has one thing to say: don't leave it to the last moment.

Ian Hamilton had been working on AIFMD funds for non-EU fund and hedge fund managers long before the Brexit announcement. So he is fully set up and ready to work with English managers.

"We also anticipated Fortress Europe," he says during an Opalesque TV interview, "that is, the exclusion of non-EU domiciled fund managers… then along comes Brexit."

Which is just as well, since his firm provides solutions for non-EU managers to gain access to EU investors - and for EU investors to gain access to managers from around the world.

Scotstone was founded more than ten years ago to help smaller managers get access into the market place through the use of platforms and other cheaper methods. It is located in Malta, a low cost jurisdiction when it comes to administration compared to Dublin and Luxembourg. Within Scotstone, Scotstone Fund Managers is an AIFMD fund manager.

Brexit solution

"The Brexit solution that we have is that we will set up at low cost a AIFMD fund for EU investors and the fund management, which also has to be in Europe, is AIFMD-approved Scotstone Fund Managers," he explains. "The non-EU domiciled fund manag......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. News Briefs - Warren Buffett: Target date funds aren't the way to go, Cambridge Analytica could be reborn under a different name[more]

    Warren Buffett: Target date funds aren't the way to go Planning for retirement can be complicated and stressful. This is why target date funds - funds that are managed based on when you expect to retire - are so attractive. Over time, the balance of stocks, bonds and cash evolve automati

  2. Investing - Hedge funds hike Smurfit Kappa positions amid takeover deal hopes, Hedge fund IBV Capital digs deep to unlock long-term value in a competitive market, Eisman of 'The Big Short' fame recommends shorting Deutsche Bank[more]

    Hedge funds hike Smurfit Kappa positions amid takeover deal hopes From Irishtimes.com: Two US hedge funds, Davidson Kempner and York Capital, have accumulated a combined 4.74 per cent interest in cardboard box maker Smurfit Kappa using financial derivatives. It comes as many investors cl

  3. Foundations of hedge fund managers gave big to controversial donor-advised funds[more]

    In the world of philanthropy and tax-deductible charitable giving, the explosion of donor-advised funds has touched off intense debate. Now, there is evidence that the DAF boom is being further fuelled by hedge fund foundation money. Four of the top five foundations that gave the most to large do

  4. Study: For hedge funds, smaller is better[more]

    From Institutionalinvestor.com: The smaller the hedge fund is, the better its performance is likely to be, according to a new study. The study - "Size, Age, and the Performance Life Cycle of Hedge Funds," released April 26 - sought to determine whether a hedge fund's size and age had any effect on i

  5. Hedge fund returns rose in April for first gain since January[more]

    From Bloomberg.com: Bloomberg Hedge Fund Database shows returns flat this year - Currency strategies had the biggest monthly gain at 13% Hedge fund returns increased 0.78 percent in April, reversing two consecutive monthly declines. The swing of 134 basis points was driven by gains in all seven