• FAIF Regime Gives UK Retail Investors Increased Access to Hedge Fund Sector
  • March 22, 2010
  • Law Firm: Mayer Brown LLP - Chicago Office
  • From 6 March 2010, the scope of the UK regime for retail collective investment schemes will be extended such that it will be possible to establish and operate a funds of funds (a fund of alternative investment funds (“FAIF”)) which may invest all of its assets in “unregulated” offshore funds. This will, for the first time, allow UK retail investors to gain significant exposure (albeit indirect) to hedge funds and other “unregulated” products.