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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
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