UK firms should still be able to manage EU-domiciled funds in spite of Brexit according to hedge fund lobby group AIMA.
Delays or even abandonment of the third country passport under AIFMD should be expected following Brexit.
Payments could secure passporting for City.
Experts weigh in on ESMA’s advice on AIFMD passports for 12 non-EU countries which could affect US and Cayman Island-based funds.
Five countries have agreed on a memorandum on the Asian passport scheme