Supplement – June 2010
Source: Hedge Funds Review | 30 May 2010
Categories: Hedge Funds
Topics: Ireland, Fund administration, Legal services, Accounting, Auditing, Ucits, Regulation, Domicile, QIF (qualified investment fund)
Ireland’s hedge fund industry has weathered the storm ravaging the country’s economy and is well prepared for the future.
At a time when Ireland has struggled economically, the country’s fund services industry has stood out in its resilience to the turmoil affecting the jurisdiction.
Overview: Despite Ireland’s macro-economic troubles in the past two years, the country’s fund industry is thriving.
Redomiciliation: New legislation designed to streamline the process of redomiciling funds to Ireland is generating significant interest from hedge fund managers.
Ucits: Irish service providers believe the trend for Ucits-compliant hedge funds is here to stay and plan to capitalise on it.
Legal services: As more firms seek to enter the Irish market, hedge fund lawyers are evaluating the services they offer to clients.
Fund administration: Fund administrators in Ireland are examining operating models to best service both regulated and unregulated hedge funds.
Accounting and auditing: Audit firms working with hedge funds are reporting new business flowing in after a difficult 2009.
What they say about Ireland: Accountants, lawyers, fund administrators and other industry participants give their views on why Ireland is flourishing as a hedge fund service centre.
Ireland at a glance: Key facts, figures and information about Ireland.
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