SFE Urges EU to Consider Changes to Alternative Fund Management Directive
June 10, 2010
I have written today to the EU institutions urging them to take into consideration our proposed changes to the current text of the Alternative Fund Management (AIFM) Directive. The draft of the Directive has improved thanks to the substantial progress made in Council and in the ECON Committee. However as the process nears its final stages, it is vitally important we do all we can to ensure the text reflects the real needs of investors and pension holders who it is intended should benefit but on whom, ultimately, the costs of this Directive will fall.
The letter can be found here
